Your EOFY Checklist: Smart Moves to Make Now That Could Reduce Your Tax and Boost Your Super
Financial AutonomyShow Notes
June 30 is one of those dates that creeps up, and suddenly everyone is asking the same thing.
Have I missed something?
Could I have done something smarter with my super? Is there a tax deduction I should know about? Did I leave it too late? And why does EOFY always make your money feel more complicated than it needs to be?
In this episode, financial adviser Nick Donato is joined by Brendan from the Guidance team to talk through the EOFY checks that are actually worth your attention before the deadline hits.
Because the only thing worse than dealing with EOFY admin is realising in July that there was something useful you could have done. So, this episode gives you a clear list of what to check, what to ask about, and what might still be worth looking at before June 30.
Inside this episode:
• The super rules people often misunderstand • The tax deduction opportunity that is not just salary sacrifice • Why June 30 can be too late if your fund does not receive the money in time • How catch up contributions may help if you have had a bigger tax year • The spouse contribution and co contribution rules worth knowing • The SMSF checks you do not want to leave too late • Why EOFY is a smart time to review your portfolio, insurance and beneficiaries • What family trust holders and business owners should be asking their accountant
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