News & Articles | SMSF Engine
SMSF Solutions for Accountants and Financial Planners

First Home Super Saver Scheme

by Duc Hong The First Home Super Saver scheme (FHSS) was designed to assist first home buyers to save using superannuation. Eligible contributions made since 1 July 2017 include voluntary personal and salary sacrifice contributions (both...
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Enduring Powers of Attorney and SMSFs

 by Abra Chowdhury A Legal Personal Representative (LPR) plays an important role in the operation of an SMSF (as allowed under SIS Act Section 17A). There are limited exceptions to the rule that all SMSF members must be a trustee and...
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Are 6 member SMSFs here?

by Alex Polorotoff It seems likely that the Bill currently before Parliament, increasing the maximum number of members in an SMSF to six, will receive royal ascent.  It is interesting to see how much discussion this is currently...
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Stress less with your overdue funds

by Mark PhillipsYou may have one or more funds with overdue returns that recently received a warning letter from the ATO. The ATO have made it clear these funds are squarely in their sites and are likely to be subject to further...
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Super contribution caps increase from 1 July 2021

by Alicia Thomson Recently the announcement for AWOTE (average weekly ordinary time earnings) for the December 2020 quarter was announced. This has had the roll-on effect of increasing the non-concessional and concessional caps as well as...
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