News & Articles

by Alicia Thomson We are pleased the recent budget left SMSFs alone for once, although there were significant changes for the broader Superannuation industry. We can expect some of these changes to lead to increased member movements...

by Duc Hong The changes introduced from 1 July 2017 meant that assets supporting a TRIS are no longer exempt from tax. While that was a significant change, there are still circumstances where the TRIS strategy can be...

by Abra Chowdhury To be eligible to take advantage of concessional tax rates, a super fund must meet the definition of “complying superannuation fund” which includes being an “Australian Superannuation Fund”. It is an ongoing...

INCREASING THE MAXIMUM NUMBER OF SMSF MEMBERS TO SIX Legislation was introduced to the Senate on 2 September 2020 to increase the number of members in an SMSF from four to six. The Bill has been referred to the Senate Economics...

by Mark Phillips Overdue annual returns for SMSFs are firmly in the sights of the ATO. In public presentations and announcements over the past 12 months. The ATO have made it very clear they are a priority, with tens of thousands of funds...