SMSF Archive

SMSFTaxUncategorized

Is a financial services compensation payment to your superannuation fund a contribution? Of late, there have been several compensation payments made by financial services providers to customers that were inappropriately charged or overcharged for insurance premiums or services they did not receive.

BlogSMSF

From 1 July 2021, the maximum number of members a Self Managed Super Fund can have increased from four to six. Why would you have a fund with six members and what are the implications?

SMSF

We often get questions from clients about what they can and cannot do in their SMSF. Often the questions relate to related party transactions – that is, interactions between the SMSF, its assets, and its members (or relatives of members). We’ve set out some of the common questions and answers.

SMSF

Changes from 1 July 2021 will impact on how much money you can contribute to superannuation and how much you can have in your retirement phase superannuation account.

SMSF

Scammers love to take advantage of a crisis - now with the COVID-19 pandemic, they are targeting Self-Managed Super Funds (SMSF).

SMSF

Self-Managed Superannuation Funds (SMSFs) are currently the fastest growing sector within the superannuation industry.

SMSF

Before you do anything, you should get a corporate trustee to run your super fund.

SMSF

Self-managed super funds have been subject to enormous change over the last couple of years.

Small BusinessSMSF

New data has enlightened the ATO of certain businesses that may not be meeting their superannuation obligations.

SMSF

Employers that have fallen behind with their SG obligations will have the ability to “self-correct.”

SMSF

Trustees need to ensure there is sufficient cash available to meet the loan repayments and pension payments if members are in the retirement phase.

SMSF

If a SMSF is more than two weeks overdue on any annual return lodgement due date, the ATO will change their status on Super Fund Lookup (SFLU).

Why you landed here

Phillip Anthony Partners joins Paris Financial East Melbourne

We are pleased to share that the team at Phillip Anthony Partners have merged with Paris Financial. Our team at Paris Financial can provide you with a large range of quality financial services with over 65 people located across two convenient locations in Blackburn and East Melbourne.

Paris Financial shares the same philosophy as Phillip Anthony Partners of providing a value focused and high quality service for each of our clients. We look forward to assisting with your accounting needs.