A Self-Managed Super Fund (SMSF) is a unique and increasingly popular retirement savings vehicle. SMSFs offer individuals and families greater control, flexibility, and investment choices than […]
In the realm of tax law, a critical concept revolves around understanding the notion of “entities connected with you.” This concept serves as a linchpin in […]
One of the most effective ways to add to your super balance is through salary sacrifice. Salary sacrifice involves the employee agreeing to exchange a portion […]
An amnesty scheme which ended earlier this month has caused around 24,000 businesses to admit to underpayment of their worker’s super. A total of 588 million […]
Running an SMSF under regular circumstances comes with enough compliance obligations as it is. Adding divorce or separation into the equation can raise even more legal […]
One of the benefits of SMSFs is the amount of control you have from managing it yourself. However, self-management can leave room for disputes among related […]
A great way to grow your retirement savings is by making regular contributions to your super fund. However, there are limits to extra contributions which when […]
The ATO reported that 45% of working Australians were not aware that they had multiple super accounts in 2016. Having multiple super accounts is particularly common […]
Self-managed super fund (SMSF) trustees are required to appoint an ATO-approved SMSF auditor no later than 45 days before lodging their SMSF annual return. An SMSF […]
Using SMSFs to buy property has become increasingly popular among Australians in recent years, particularly since it became possible for SMSFs to borrow money to fund […]
Business owners might be required to select a default fund for employees when they do not want to nominate their own superannuation funds. Funds should meet […]