SuperGuardian – Page 8 – SuperGuardian

Timeline Changes in Super 2007-2021

LEGISLATIVE AND REGULATORY SMSF CHANGES 2007-2021 To read this fact sheet in its entirety download the PDF version here.

Personal contributions seem so easy until they’re not

Four years after the rules were expanded to allow all eligible contributors to make personal deductible contributions, rather than those who satisfied the substantially self

Hardline non-arm’s length expenses approach for SMSFs

The ATO have released Law Companion Ruling LCR 2021/2 which is the finalised version of their draft 2019 ruling “non-arm’s length income – expenditure incurred

Six Member SMSFs – the good, the bad and the indifferent

From 1 July 2021 SMSFs can have up to 6 members in a fund, an increase from the previous limit of 4. Anecdotally this has

Non-arm’s length expenses – changing old habits

Over time tax law has evolved to disincentives certain income from being diverted into SMSFs or to discourage trustees from engaging in certain practices to

Deciding on your SMSF Trustee

Deciding on the type of trustee which will be responsible for your SMSF is important.There are two types of structures available: To read this fact

Looking under the hood of SMSF benefit payments

As an industry we have placed a significant emphasis on recent indexation from the view point of contribution opportunities and pension commencements. Whilst not overlooked

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 –

SMSF 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

Six 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