News & Articles

For all existing and new directors, the idea of applying for a Director ID Number (DIN) can seem overwhelming. Unfortunately we, as accountants and advisers, are unable to apply for the DIN on trustees behalf. However, we can walk them...

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...

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...