News & Articles

SMSF trustees must budget for SMSF audit fees each year even if no payments or contributions were made during the year. If you don’t complete SMSF audits, your fund can incur fines, loss of concessionary tax benefits, and even be wound...

Claiming Depreciation on Rental PropertiesIt is not surprising that many people use SMSFs to invest in direct property. There are many advantages to investing in direct property including the ability to claim depreciation. It is...

The 10% Goods and Services Tax (GST) is generally included in the price on most sales in Australia. However, not all goods and services are required to include GST and not all entities, such as SMSFs, are required to be registered for...

Excess concessional contributions (ECCs) to your SMSF can negatively affect your overall tax position.This article will outline some of the workings of the ECC system.However, tax and superannuation laws are complex, and small...

There has been much debate recently about Self-Managed Super Fund costs. The discussion was kicked off by a 2019 Fact Sheet from the Australian Securities and Investments Commission (ASIC). It put the average annual running costs...