SMSF trustee guide to navigating a way through pandemic
The COVID-19 pandemic has affected everyone’s lives and SMSF trustees are no exception. With Melbourne coming out of lockdown, it seems the worst is behind
ATO issues reminder about October TBAR deadline
The Tax Office has reminded any SMSFs that reports transfer balance account events on a quarterly basis that the report will be due on 28
Investment segregation in an SMSF explained
When advisers hear the word ‘segregation’ in an SMSF context, they typically think of segregation for tax purposes. Broadly, this type of segregation involves calculating
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
