SMSF

14 May, 2020

SMSFs And Property Development: Beware Of Pitfalls

SMSFs entering into arrangements which involve the purchase and development of real property for subsequent disposal or leasing should beware, the ATO is keeping a close eye on these types […]
30 April, 2020

Future Of SMSFs

Prior to the disruptor that is the Coronavirus epidemic, the Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume outlined some future government policy and potential changes […]
8 April, 2020

ATO Coronavirus Concessions And Advice For SMSFs

In line with various concessions provided to businesses to soften the blow of the COVID-19 pandemic, the ATO has now released the following details of concessions for self-managed super funds […]
17 March, 2020

SMSF Annual Returns: Avoid The Top 5 Mistakes

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] For anyone with a self-managed super fund (SMSF) at 30 June 2019 or has wound up an SMSF during the last financial year, […]
11 March, 2020

SMSF Investment Strategy: Diversification Requirements

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The ATO has released further guidance on investment strategy requirements for trustees of self-managed superannuation funds (SMSFs). The guidance comes on the heels […]
18 December, 2019

SMSF Sole Purpose Test And Fractional Investments

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] To be eligible for superannuation fund tax concessions, SMSFs are required to be maintained for the sole purpose of providing retirement benefits to […]
11 December, 2019

Super Guarantee Opt-Out For High Income Earners

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Under the superannuation guarantee framework, employers are required to contribute a minimum percentage (currently 9.5%) of their employee’s ordinary time earnings into superannuation. […]
29 September, 2019

Downsizer Super Contributions: Getting It Right

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Under the “downsizer” contribution scheme, individuals aged 65 years and over who sell their home may contribute sale proceeds of up to $300,000 […]
4 September, 2019

ATO To Check On Investment Strategy Compliance

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Over 17,000 SMSFs that are heavily invested in one asset class will soon receive a “please explain” from the ATO to check whether […]
16 August, 2019

Super And Bankruptcy: Can Creditors Access My Benefits?

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Superannuation is an effective investment structure for asset protection, but a questionable contribution could put some of your benefits at risk in the […]