Bankruptcy and SMSFs
The impact of a trustee/member of an SMSF becoming bankrupt is significant for the individual, the SMSF and other members of the fund, yet little
The impact of a trustee/member of an SMSF becoming bankrupt is significant for the individual, the SMSF and other members of the fund, yet little
The ATO has announced it is developing an online SMSF trustee test that individuals would have to complete before they can legitimately establish an SMSF.
Moving overseas is never a simple undertaking. But the process of selling your property and tying up your affairs in Australia can become especially intricate
The Reserve Bank of Australia (RBA) recently announced an unprecedented reduction in the official cash rate of 0.25% to 1.00%, which is the lowest on
In this bi-monthly newsletter we examine SMSF strategies surrounding contribution caps and we showcase the statistics recently released by the ATO which outlines the continued growth
Under certain conditions, an SMSF may be able to accept an end of financial year contribution after 30 June; however, getting this wrong may have
While ATO statistics indicate a slight rise in the number of younger SMSF trustees, advisers looking to attract and retain these younger clients may need
It’s frustrating when SMSF audits aren’t finalised in a timely and fuss-free manner. Chasing up documents adds precious time to the audit for both the
Over half of Australians are unaware of changes which could mean they lose insurance cover they have in their super fund from 1 July. A
The most common reason Australians switch to a self-managed super fund is for the flexibility and control over how their super is invested. For many,
How do I decide if buying a property through my SMSF is right for me? Having an SMSF is usually all about having greater control
Latest annual stats show the SMSF sector continues to grow The ATO has released the ninth edition of their annual statistical report on self-managed superannuation
The SMSF Association says new superannuation statistics from the ATO “tell a positive story” about the SMSF sector. The ATO has recently released its statistical
With the Federal election now just days away and superannuation and tax among the key policy issues, what is each major party proposing and how
The latest SMSF Benchmark Report from Class indicates that there is a continuing trend towards younger age groups setting up SMSFs, which follows similar findings from recent
I stumbled blindly into the world of self-managed super funds (SMSFs) the same way most people do – through their accountants. My accountant asked for
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