Related party trusts and SMSFs

Like a well-designed plan, SMSF trust structures must be carefully engineered to meet compliance rules. SMSF Compliance Guide: Using Related Party Trusts Exceptions to the In-House Asset Rules SMSFs are generally prohibited from...
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GST, Property and SMSFs

How GST Applies to Property Transactions in SMSFs GST obligations can be a hidden trap for SMSFs involved in property transactions. This guide explains when SMSFs must register for GST, how to claim credits, and what exemptions...
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Can you pay medical expenses with super?

Can you pay medical expenses with super? Life can take an unexpected turn when members of an SMSF suddenly find themselves in need of medical treatment which they cannot afford with their personal savings. In these moments, it’s...
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Should I take my super out as a lump sum?

You may get approached regularly by clients when they have reached their preservation age, on what to do with the super that they have accumulated. Β  Often, different clients will come to you with different financial circumstances. Some...
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All the SMSF Reporting Requirements You Need to Know

The list of SMSF reporting requirements from the Australian Taxation Office (ATO) is short. It covers  The SMSF annual return, preceded by a valuation of assets and an audit Reports on transfer balance caps and transfer...
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