How much money do you need to start a SMSF?
8 January 2021 No Comments
SMSFs are not for everyone, however for those individuals where a SMSF is entirely appropriate for them, the benefits can be considerable. In the context
Category: SMSF
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Can I use my superannuation to invest in property?
30 November 2020 No Comments
Yes you can — but make sure you know the nitty gritty before you dive in. There’s no doubt that self-managed super funds or SMSF
Tax and SMSF audits still on ATO’s radar
13 November 2020 No Comments
While the ATO has lately been focusing on the rollout of stimulus measures, it has also flagged that audit work is not off the table
SMSF regulations to allow six members under new legislation
14 October 2020 No Comments
A bill has been introduced into Parliament that partially implements a measure to allow an increase in the maximum number of allowable members in self-managed
Top 5 ways to trip up with SMSF annual returns
28 September 2020 No Comments
The ATO has compiled, from many years’ worth of annual return data supplied by self-managed superannuation funds, what it says are the top five errors
Has your super fund got you covered for insurance?
17 August 2020 No Comments
With COVID-19, maybe not. From 1 July 2019, the government adopted new rules that aim to prevent the unnecessary erosion of people’s retirement savings through inappropriate
Concerns on property development and SMSFs
25 June 2020 No Comments
The ATO, as the regulator of self-managed superannuation funds, has reported an increase in the number of SMSF trustees entering into arrangements involving buying and
Early release from super a relief, but comes with risks
6 May 2020 No Comments
The government is allowing the early release of superannuation and a temporary reduction in minimum pension drawdown rates to help individuals deal with the adverse
Access to early release of superannuation
16 April 2020 No Comments
If you have been financially affected by COVID-19 you can access up to $10,000 of your superannuation in 2019–20 and a further $10,000 in 2020–21.
Individual or corporate trustee for your SMSF?
8 April 2020 No Comments
When establishing a self-managed superannuation fund (SMSF), one central decision to be made early on is if the trustee structure is to consist of individual trustees