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 – Where the members of the fund act as the fund Trustees

Corporate Trustee – Where the members of the fund appoint a company to act as Trustee – and those members are Directors of the company.

To read this fact sheet in its entirety download the PDF version here.

Bring Forward Contributions

The ability to bring-forward future year entitlements to make non-concessional contributions has been in place for many years now. Prior

Understanding super terminology

An individual’s Transfer Balance Cap (TBC) and Total Superannuation Balance (TSB) are calculated differently and are separate concepts. When the

Excess Concessional Contributions

The concessional contribution cap is $30,000 from 1 July 2024. With the ability to carry forward unused concessional contributions over

Excess Non-Concessional Contributions

The non-concessional contributions cap is $120,000 from 1 July 2024, however the ability to contribute to super is dependent on

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