SMSFs from 1 July 2021 – same, same, but different

SMSFs from 1 July 2021 – same, same, but different

Created on July 19, 2021

For many of us, the month of July brings new beginnings yet a sense of deja vu fills the air as the pandemic continues to impact everyone’s lives. From 1…

2021 End of Financial Year (EOFY) superannuation tips & traps

2021 End of Financial Year (EOFY) superannuation tips & traps

Created on June 12, 2021

With just over two weeks until we see out yet another financial year, here are some tips and traps to look out for to ensure your SMSF is ready for…

2021-22 Federal Budget Update – A strong Budget for SMSFs

2021-22 Federal Budget Update – A strong Budget for SMSFs

Created on May 12, 2021

As expected, this year’s Federal Budget has a strong emphasis on job growth and women’s security. From an SMSF perspective, there were some welcome surprises for SMSF trustees, the key…

Do I really need to update my fund’s trust deed?

Do I really need to update my fund’s trust deed?

Created on April 14, 2021

Your superannuation trust deed along with the superannuation laws, form the governing rules that self managed super funds (SMSFs) need to operate by. The introduction of the $1.6 million transfer…

Can my SMSF invest in Bitcoin and other cryptocurrency?

Can my SMSF invest in Bitcoin and other cryptocurrency?

Created on March 12, 2021

Bitcoin, Ethereum, Litecoin just to name a few. The world of encrypted digital currency, commonly known as ‘cryptocurrency’ has been all the rage for quite some time, and most recently…

Indexation of superannuation Transfer Balance Cap to $1.7m – what does this mean?

Indexation of superannuation Transfer Balance Cap to $1.7m – what does this mean?

Created on February 15, 2021

From 1 July 2021, the general Transfer Balance Cap (“TBC”) which limits the amount that can be transferred into the tax-free retirement phase of superannuation will be indexed to $1.7m…

How do I know if I have carry-forward concessional contributions to use this year?

How do I know if I have carry-forward concessional contributions to use this year?

Created on December 16, 2020

We often get the question from clients as to whether they can catch up concessional contributions that they did not maximise in past years. Depending on your concessional contribution history…

2020-21 Federal Budget – A year of so much change, except to SMSFs

2020-21 Federal Budget – A year of so much change, except to SMSFs

Created on October 7, 2020

The 2020-21 Federal Budget is all about jobs, jobs and jobs. COVID-19 has resulted in the most severe global economic crisis since the Great Depression. This Budget provides an additional $98…

My SMSF owns property and it’s affected by Covid-19 – what should I do?

My SMSF owns property and it’s affected by Covid-19 – what should I do?

Created on August 6, 2020

Rental Relief for the tenant The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a property and a…

SMSFs – A new financial year in COVID-19 times

SMSFs – A new financial year in COVID-19 times

Created on July 13, 2020

As a new financial year unfolds, the COVID-19 pandemic continues to impact everyone’s lives in so many ways. During these unprecedented times it is important to ensure trustees continue to…