Collectables in SMSFs – Owning and Reporting

Congratulations on another year passed (and to Ash Barty for winning Wimbledon and Italy for winning the Euro in a thriller)! As we are now preparing our client’s end of year accounts, it is time to review the market values of their...
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Understanding Divorce & Super

One in three marriages end in divorce. For this reason, understanding some of the complexities in superannuation and tax law surrounding divorce, is important to get the best possible outcome for your clients. The family court order or...
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The Small Business Retirement Exemption

A small business owner can contribute either the sale proceeds or capital gains from the sale of business assets into their SMSF, and disregard some or all capital gains by using the two main concessions:The 15-year exemption; andThe...
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Related party trusts and SMSFs

SMSFs are prohibited from investing in related party investments however, there are some exceptions to this rule.  In this article, we’ll focus on the exceptions that apply to related unit trusts, as well as pre-99 trusts, and also...
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Minimum pension reduction extended!

Further to our article posted in April 2020, the Government has announced, as part of the Government’s Covid relief plan, that the 50% reduction in the superannuation minimum drawdown requirements has been extended for a further year...
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