From the desk of Christopher Emmanuel

I was disappointed when the government put the new measurement against the superannuation in the last budget. From our view, this is a very limiting move by the government in the name of making sure that it is not misused.

I am glad that the government notice that this is a bad move and it will not give a positive results. Today they have announce that they are scraping the super 500k lifetime limit measurement and changing it to $100k limit per year and 3 years bring forward limited to those with balance up to $1.6 million.

I believe this is a more fair measurement and should be received with the most welcome hands. Although I prefer the old measurements but this is still a good thing rather than the government making super as a very not attractive vehicle for people to use.

Kind regards

Christopher Emmanuel

Related external articles/news:

  1. SelfManaged Super – Govt scraps $500k super cap: https://goo.gl/MQARwE
  2. SkyNews – Government scraps $500k superannuation cap: https://goo.gl/wjVVnJ
  3. Daily Telegraph – Superannuation reform: Government to scrap $500,000 cap: https://goo.gl/m1M5bH
  4. Financial Observer – Govt scraps $500K lifetime cap: https://goo.gl/aGwVRU
Christopher Emmanuel
Christopher Emmanuel

Christopher Emmanuel is not your usual accountant. He is a fully trained, qualified and practicing Accountant, members of Institute of Public Accountant; completing his Masters of Business Administration majoring in Professional Accounting in 2003 and working in the industry prior to this and ever since. But to confine his work to accounting alone seriously misses some fascinating areas of expertise he revels in whilst helping his clients. A few things, in particular, make Christopher an accountant with a massive difference. For one, he has an irrepressible passion for new information technologies. He is constantly learning and embracing the latest cutting-edge trends in IT. This is a huge bonus for Christopher’s accounting clients, as he consults on how to integrate the latest technology trends in their business. His expertise helps streamline their current practices, this improves the efficiency and security of their account keeping and operating systems and increases productivity and profits. Christopher continuously learns new strategies to help clients improve their business and update himself with the rules and regulation to make sure his clients’ never missed important updates so they are always complying with the latest rules and regulations. Christopher also brings to his work a passion for teaching and inspiring people to take control of their destiny. He knows entrepreneurship isn’t for everyone, but also sees it as the most powerful tool we have to shape our future and fulfill our dreams. His intricate knowledge of finance in business means he can immediately see his clients inside figure and give them realistic financial goals to achieve, whilst maximizing their bottom line. Engaging his accounting and entrepreneurial skills; Christopher coaches his clients to take control of their financial destiny. In doing this, he is helping his client to create financial stability and freedom.