Tax Office gears up for 6-member SMSF bill
The ATO has flagged that if the bill to increase the number of members allowed in an SMSF is passed before 1 July next year,
6-member SMSF bill introduced into Parliament
A measure from the 2018–19 budget to increase the number of members allowed in an SMSF from four to six has been reintroduced into Parliament,
Control still key driver for SMSFs
The ability to have personal control over superannuation investments has remained the key driver behind the establishment of SMSFs and concerns they were being used
Changes to your super
The recent change to change to the work test for making contributions to superannuation to age 67 has certainly raised issues with clients making contributions
Important eligibility condition flagged for early release of super
SMSF clients that have been unemployed for a number of years may be eligible for early release of super, but it is vital they are
Lesser known change, and an unfortunate delay, leave their mark
There were several important bills passed during the June 2020 parliamentary sitting, none more so than the bill that provides a much needed 12 months
SMSF liquidity lessons learned from the pandemic
Sometimes it’s true that you don’t know what you’ve got until it’s gone. There will be many lessons learned from this coronavirus pandemic and its
Contributions level out after 2017 reforms
Contributions reverted to normal during the 2018 financial year, following an atypical jump in contributions in anticipation of the July 2017 superannuation reforms, the latest
