SMSF
The articles in this category are dedicated for Self-managed Superannuation Fund (SMSF) information. Hopefully the information provided will broaden your knowledge about the SMSF and how to benefit from it.
SMSF: Advantages & Disadvantages
An SMSF can become a powerful vehicle for your retirement. We include some SMSF advantages and disadvantages in order to help you to get a better understanding of an SMSF before making a final call whether it is right for you or not. You may also need to discuss the issues with other potential member(s) in your SMSF…
Setting Up an SMSF
Your SMSF needs to be set up correctly so that it’s eligible for tax concessions, can pay benefits and is as easy as possible to administer. In order to setting up SMSF the main test is your fund must be run for the sole purpose of providing retirement benefits for the members…
Managing Your SMSF Investment
One of trustee key responsibilities is managing your SMSF investments. The investment decisions should be designed to protect and increase members’ benefits for retirement. This is the sole purpose test of an existence of an SMSF. Let’s take a look on things that required in managing your SMSF:..
SMSF Fine On The Way
As you may aware the parliament has passed the new penalty regime for Self-managed Superannuation Fund (SMSF). Under the new legislation, ATO will gain the power to issue on the spot fines, directly and personally, to SMSF trustees using a range of penalties to match the seriousness if an offence…
In the coming weeks we’ll add more articles about SMSF. Meanwhile please feel free to contact us if you have any query.