Thinking of a Christmas stay in your SMSF property? Think again!
If your SMSF owns a beach house, country cottage or apartment that feels like the perfect Christmas getaway, this is your friendly end-of-year reminder: you and your family can’t use it over the Christmas and
New Year period, not even “just for a week, ” and not even if it’s sitting vacant. It’s one of the most common SMSF traps, and it can lead to serious penalties. Here’s why, in plain English.
Key Differences Between SMSFs and Other Superannuation Funds
Superannuation Update: New Flexibility for Older Australians
Superannuation laws have been simplified over recent years to allow older Australians more flexibility to top up their superannuation.
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Setting up an SMSF
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