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).