Is the peer-to-peer lending investment option right for your SMSF? - Tax Accountants North Ryde
One investment option that has surfaced relatively recently, and that SMSF trustees may consider as a part of their strategy to grow their fund, is investing through peer-to-peer lending.
Read moreThe transitional CGT relief measure and your SMSF - Tax Accountants Norfolk Island
Transitional CGT relief is temporary relief available to all complying super funds, not just SMSFs, for certain CGT assets that would otherwise give rise to a taxable capital gain through the necessary efforts to comply with the new transfer balance cap and new conditions to be applied to transition to retirement income streams (TRIS).
Read moreSMSFs and the in-house asset rules explained - Tax Accountants Melbourne
A not-uncommon conundrum for many SMSF trustees is what to do when the fund is found to have breached the in-house asset rules. There are also some common misconceptions about these regulations that keep resurfacing.
Child death benefit recipients and the transfer cap - Tax Accountants Mackay
The death of a parent is hard on all those involved, however once the grieving has eased, a time comes to address financial matters.One of these issues can be what happens to any superannuation they have left.
Read moreSMSF stats just keep getting better - Tax Accountants Footscray
The ATO has recently released the latest of what has become a regular update on the state of the SMSF market. The Self-managed super fund statistical report, with the latest covering the quarter to March this year, has become an anticipated overview for many in the SMSF arena — containing as it usually does some good news.
Read moreTax deductions specifically for SMSFs - Tax Accountants Dandenong
One overarching fundamental that SMSF trustees should ideally keep in mind is the sole purpose test — that is, every decision made and action taken is required to be seen as being undertaken for the sole purpose of providing retirement benefits for the fund’s members.
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