Categories
Smsf
How Much Can I Save By Purchasing Property In A SMSF?
Quite a few years ago, I did some calculations on having a geared property within super versus a market linked ungeared fund portfolio.
... read moreNew SMSF Event-Based Reporting Requirements
A new reporting regime for Self-Managed Superannuation Funds (SMSFs) commenced on 1 July 2018. It’s crucial that SMSF members understand the impact of this new reporting framework and get it right.
... read moreEvery Three Year SMSF Audits – A Ludicrous About Face
SMSF Auditors now must: be registered with ASIC; be registered with the ATO; have enormous amounts of regular professional updates; and also be audited by their peak professional bodies, such as the Chartered Accountants ANZ and CPA Australia.
... read moreCBA To Scrap Supergear Product
CBA will SCRAP their Supergear product, effective 12th October 2018. A decision to refine their product offering to become a “simpler, better bank” is their reasoning to exit the LRBA market.
... read moreSuperannuation Guarantee Amnesty Proposal
A chance to catch up! If legislated, the Amnesty will provide a once-off opportunity for employers to disclose super guarantee (SG) shortfalls which occurred between 1 July 1992 and 31 March 2018 without penalty.
... read moreUnderstanding how SMSF contributions work
Contributions can play an essential role in a self-managed superannuation fund (SMSF). Your SMSF contributions can be made in two ways – either by cash or an asset (known in the trade as ‘in specie’ contribution).
... read moreShould you update your SMSF Trust Deed?
The Trust Deed of a Self-Managed Superannuation Fund governs the operation of the Fund and permits the Trustee to act to the extent permitted by the legislation and be able to comply with any superannuation changes.
... read moreWhat SMSF’s absolutely need to consider prior to 30 June 2017
30 June 2017: The wide-ranging superannuation reforms come into effect on 1 July 2017. With the changes come a series of issues that Trustees need to be across, even if they don’t immediately affect you or your fund:
... read more