COVID-19: Providing concessions for the LRBA in my SMSF
The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a related party loan
SMSF members who split can’t convert assets to cash
Self-managed superannuation fund (SMSF) members who are looking to split assets due to a divorce will not be allowed to convert their fund into a
ATO clarifies stance on in-house asset breaches
The Tax Office has sought to clarify how it will approach concerns from SMSFs that they may be breaching in-house asset rules due to the
The SMSF audit post-COVID-19: Related commercial tenancies
The SMSF industry is experiencing rapid change in the wake of COVID-19. The goalposts of commerciality have shifted, as have the reporting requirements for SMSF
SMSFs and rent relief due to COVID-19
SMSFs that own property are facing the prospect of tenants falling behind in their rent payments and their other obligations under the lease due to
COVID-19 and early access to super
People financially affected by the coronavirus pandemic can access some of their super, but what will it cost long-term? Who is eligible to access super
Minimum super withdrawal reduced by 50% for retirement phase pensions
IMPORTANT: Minimum super withdrawal reduced by 50% for retirement phase pensions In response to the COVID-19 pandemic, the Federal Government recently announced that the minimum
SMSFs continuing to diversify
It’s time to call a spade a shovel. When the two latest controversies surrounding Self-Managed Super Funds (SMSFs) – single-asset funds (typically property) and the
