News & Articles

Death & Taxes

Posted on: Monday, August 31st, 2020
by Abra Chowdhury & Mark Phillips On the death of a member their superannuation benefits must be dealt with or paid out as soon as practicable. The ATO normally expect this to be within a period of 6 months unless there are...
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Relationship Breakdowns & SMSFs

Posted on: Friday, August 28th, 2020
by Alex Polorotoff Relationship breakdowns can be an emotional time when it can be difficult to make considered decisions. This article discusses breakdowns between spouses who are members of the same SMSF and some things that their...
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Concessional Contributions Flowchart

Posted on: Monday, August 17th, 2020
by Mark Phillips The changes to contribution rules over recent times present a number of opportunities for members to maximise the benefit of concessional contributions, regardless of whether they are self-employed or not. Our flowchart...
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Take care with member withdrawals

Posted on: Monday, August 10th, 2020
by Alicia Thomson There are many reasons a member may need to withdraw funds from their SMSF including funding insurance premiums, full member exits, fund wind-ups and the more recent phenomenon Covid-19 early release.  It is extremely...
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The benefits of spousal contributions splitting

Posted on: Monday, August 3rd, 2020
by Duc HongThe contribution splitting rules can be utilised to benefit your clients in a number of ways.  To be eligible to split contributions with a spouse, a number of conditions must be met including:Can split up to 85%...
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