Redwood Advisory SMSF
Every SMSF must a functional bank account. It is just one of the many compliance RULES of running a SMSF. A bank accounts purpose is to receive rollovers, contributions, receive income, pay expenses and-at retirement-will eventually pay your pension. At Redwood, we have found that Macquarie offer a Cash Management Account (CMA) which is second…
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Another year, another tax payable. WHY? Its extremely important to understand the key benefit of a SMSF and that is its concessional tax rate as compared to a members personal tax. Importantly its not all about a “tax refund” generally any losses are carried forward in the super environment. There will be on many occasions…
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You have just applied for a Macquarie Cash Management Account (Macquarie CMA) for your SMSF. Shortly, you will receive an email from Macquarie requesting your authorisation to establish your new Macquarie CMA. Please review the application and ensure that all prefilled information is correct, using the link provided. This is then to be submitted by…
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To provide our clients with a premium service, Redwood Advisory has proudly introduced DocuSign for our clients to: view, sign and return documents; in an easy, secure and efficient way! What is DocuSign? DocuSign is an e-signature service provider that allows its customers to view and sign their documents anywhere, anytime either on their laptops…
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In setting up and running a Self Managed Superannuation Fund (“SMSF”), its important to ensure that you have the key ingredients to success including financial advice, Trust Deed and an Investment Strategy. However, what about death and incapacity, how can you take care of your loved ones? In a ‘Will,’ we outline our wishes for…
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After working so hard all your life, you begin to wonder when you can access those super benefits you have been saving all these years! There are rules and regulations of when you can access your super benefits but generally when you reach the age of 65 you are able to withdraw your money with…
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WITH INTEREST RATES AT RECORD LOWS AND THE BANKS COMPETING FOR YOUR LOAN, THE KEY QUESTION ON EVERYONES MIND – IS IT THE PERFECT TIME TO “FIX” THE RATE OR LEAVE YOUR RATE AT VARIABLE? The Reserve Bank of Australia reduced the cash rate to a record low of 1% with two 25 basis point…
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SMSFs have enjoyed the ability to borrow to buy residential and commercial property since 2007. Its been an extremely popular strategy for mum and dad investors and “millennials” looking to increase their exposure to property with the booming property market in major capital cities. However, due to the Royal Commission and possible change of Federal…
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After working so hard all your life, you begin to wonder when you can access those super benefits you have been saving all these years! There are rules and regulations as to when you can access your super benefits but generally when you reach the age of 65 you are able to withdraw your money…
read more
To provide our clients with a premium service and taking advantage of cloud technology, Redwood has proudly introduced DocuSign for our clients to: view, sign and return documents; in an easy, secure and efficient way! What is DocuSign? DocuSign is an e-signature service provider that allows its customers to view and sign their documents…
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