How Death Affects Your SMSF and its Members
The death of a member of a self-managed superannuation fund (SMSF) is a difficult time that involves complex processes and procedures. The most significant impact of death on an SMSF is the payment of death benefits. The process of distributing [...]
What to Know Before Setting up a SMSF
A self-managed super fund (SMSF) offers a lot of freedom and control, but it also comes with significant responsibilities. In this article, we explore the costs and responsibilities of managing an SMSF, including the need for a sound investment strategy, [...]
Avoiding Common Mistakes in SMSF according to ATO
The ATO has listed the top five most frequent errors in SMSF Annual Returns. Understanding and avoiding these mistakes can help ensure a successful and compliant SMSF. These include using a non-unique bank account, incorrect ESA, improper asset valuation, lodging [...]
Property Investment with SMSF
Investing in property through a self-managed superannuation fund (SMSF) is a popular option that offers a solid return on investment and tax benefits. In this article, we will answer the top questions related to property investment in an SMSF, including [...]
Concessional Contributions in SMSF: A Complete Guide
Looking to understand how concessional contributions work in a self-managed superannuation fund (SMSF)? This guide covers everything you need to know, including what concessional contributions are, who is eligible to make them, how to claim a tax deduction, and more. [...]
The Importance of a Well-Balanced Portfolio
In this article, we discuss the importance of diversifying an SMSF portfolio and the benefits it brings. Despite 82% of SMSF trustees recognizing its importance, many do not achieve it due to lack of funds or not making it a [...]