SMSFs getting increasingly comfortable with crypto
SMSFs have now seen an over 90 per cent increase in cryptocurrency trading across the year, with advisers urged to start getting acquainted with crypto
ATO Quarterly Statistical Report
The ATO has released the June 2021 quarterly statistical report revealing the total estimated assets of SMSFs have reached just over $822 billion, along with
Timing opportunities to utilise shares as contributions for SMSFs
SMSFs may be able to utilise planning opportunities for shares through the in-specie contribution process and create a better tax environment for the fund position,
SuperStream rollover events clarified
The ATO has released examples of rollover events to support SMSF trustees in adhering to the SuperStream rules set to take effect from 1 October.
SMSF trustees warned on increasing exposure to compliance risks affecting collectables
SMSFs can be increasingly exposed to various compliance risks surrounding collectables, as the asset class requires continued consideration of administrative impacts on the fund. In
Covenant pointless for SMSFs?
The imposition of a retirement income strategy on SMSFs under a new covenant will not create any benefit to funds members, but rather generate further
SMSF Association urges rethink on NALE
The SMSF Association is urging the Federal Government and the Federal Treasury to review the non-arm’s length expenditure (NALE) rules following an ATO ruling handed
Trustees more open to advice
The latest sector research has shown the economic instability resulting from the COVID-19 pandemic has seen a shift in attitudes toward financial advice, with SMSF
