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Keeping you up-to-date with what you need to know about SMSFs. Subscribe to get our updates delivered straight to your inbox.
Who’s a Related Party?
The SIS Act pays special attention to the inherent conflict of interest that exists in all SMSFs due to the trustees...
Insurance Premium or Rollover?
I recently touched on the statutory deductibility of insurance premiums paid from an SMSF but sometimes things are not...
Avoid Sloppy SMSF Estate Planning
A couple of days ago a friend of mine told me his client had just died leaving a sizable estate, gifted to the...
The Nuances of SMSF Life Insurance
A common misconception is that life insurance premiums must be paid from a member's accumulation account for the fund...
Using SMSFs to Hide Personal Income
Occasionally we encounter situations where a member has arranged for their SMSF to receive shares or options in lieu...
Check Your SMSF Related Party Loan Terms
The safe harbour provision interest rate to be charged to SMSFs with related party loans has increased by a whopping...
How Material is NALE?
There has been significant comment on the government’s proposed treatment of general non-arm’s expenditure in SMSFs...
How NOT to Use ChatGPT
A lot has been written on the business process possibilities of using ChatGPT so it's likely that you may be...
ATO Scheme Crackdown
SMSFs provide significant investment flexibility but are subjected to restrictions surrounding related party dealings...
Last Minute Contributions & Pensions
Hopefully trustees have not left their contributions and pension payments to the last minute as there is a likelihood...
EOFY SMSF Checklist
This check list includes some items that aren’t exclusively End of Financial Year or exclusively SMSF related but...
The Unclaimed Super Quirk
Be aware of a quirk in claiming unclaimed super monies where the member is between 65 and 75. Because the amount is...
The Power of SMSF Life Insurance
I've posted this article before but it's worth repeating as I've just processed a case, with over a million dollar...
SMSFs & the Budget
There were two major issues we were expecting clarification on. The additional tax proposal for high balance fund...
Calculating the Correct In-House Asset Limit
We all know that the level of in-house assets cannot rise above 5% of the fund value at the end of the financial year...
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