The benefits of a special purpose corporate trustee
Deciding on the type of trustee which will be responsible for your SMSF is important. There are two types of structures available: Individual Trustees –
Read MoreSMSF Trustee Structure – What is the process to change it?
The choice to have either individual or a corporate trustee is an important decision to make for an SMSF however it doesn’t need to be
Read MoreSix Member SMSFs
The Treasury Laws Amendment (Self Managed Superannuation Funds) Bill 2020 received Royal Assent on 22nd June 2021. From 1 July 2021, SMSFs can have up
Read MoreSMSF Residency
SMSF’s must be ‘complying’ to ensure they attract the tax concessions they are known for. An SMSF’s complying status relies on it being an ‘Australian
Read MoreDownsizer contributions and SMSFs
Housing affordability has long been an issue in Australia. As part of the 2017 Budget, the government introduced a measure aimed at reducing pressure on
Read MoreFirst Home Super Saver Scheme
The First Home Super Saver Scheme (FHSSS) was introduced by the government to deal with housing affordability and to help Australian’s get into the property
Read MoreValuations for Year End Reporting (Trustees)
It is a legal requirement that all SMSFs record and report all assets at market value. Failure to report assets at market value or misrepresenting
Read MoreValuations and SMSF Checklist for Year End Reporting (Advisers)
As 30 June approaches there are a number of key issues to be reminded of. This guide will provide an overview and link to a
Read MoreDeferred Contribution Allocation
A deferred contribution allocation strategy, often referred to as contribution reserving, enables a member to bring forward the timing of a contribution into the current
Read More30 June checklist for SMSFs – planning around the unknown
All dates are unique but this 30 June 2021 is unique for so many reasons beyond the calendar reference! This 30 June represents a transition
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