SuperStream and rollover changes from 1 October 2021

SuperStream and rollover changes from 1 October 2021

Created on September 1, 2021

From 1 October 2021, you won’t be able to rollover funds to or from your SMSF unless you have an active Electronic Service Address (“ESA”) which provides rollover SuperStream services, as…

Can my SMSF hold unlisted investments?

Can my SMSF hold unlisted investments?

Created on August 16, 2021

With interest rates at all-time lows and share prices at all-time highs, many SMSF trustees are looking to unlisted investments as an investment opportunity and way of diversification. As with…

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…