My SMSF owns property and it’s affected by Covid-19 – what should I do?
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
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…
2020 End of financial year (EOFY) considerations for your SMSF
The COVID-19 pandemic has affected everyone’s lives, and SMSF trustees are no exception. While the worst of the pandemic is (hopefully) behind us, trustees still have difficult questions to ponder…
SMSFs and COVID-19 measures
You may be aware that the Government recently announced measures which allow individuals affected by the economic impacts of COVID-19 to access a limited amount of their superannuation early. Similarly,…
I received an ATO letter re: SMSF investment strategy and diversification – what do I need to do?
You may be aware that the Australian Tax Office (ATO) has issued letters to nearly 18,000 SMSF trustees as part of a campaign to ensure trustees are aware of their…
Can my SMSF pay for my personal ATO Division 293 tax and Excess Concessional Contributions Assessments?
Yes – however care needs to be taken to ensure you pay it at the right time by following the below steps. Division 293 Tax The Division 293 Tax applies…
When did you last review your SMSF’s investment strategy?
You may be aware that the Australian Tax Office (ATO) has issued letters to nearly 18,000 SMSF trustees as part of a campaign to ensure trustees are aware of their…
From 1 July 2019 your insurance cover may be changing
In February this year, the Government passed legislation which prevents trustees of APRA-regulated funds from providing insurance to members with inactive superannuation accounts, unless a member has directed otherwise. It…
The Coalition wins a third term – what happens with superannuation now the dust has settled?
The Coalition Government was re-elected in the May 2019 Federal Election, with a small majority of seats in the House of Representatives, after taking, as one of its policies to…
The Major Parties’ Superannuation and Tax Policies
The federal election has been called for May 18 and both major parties have outlined their superannuation and tax policies. With the federal election only weeks away many of our…
