May 2023 SMSF newsletter

SMSFs and property: Business real property

In Part 2 of our series on SMSFs and property investment, we look at the pros and cons of holding business property in your fund. Read more.

SMSFs and property: Business real property

In Part 2 of our series on SMSFs and property investment, we look at the pros and cons of holding business property in your fund. Read more.

SMSFs and non-arm’s-length income (NALI)

Non-arm’s length income is coming under increased scrutiny by the Tax Office and penalties can be steep, so it pays to understand how to stay on the right side of… Read more.

SMSFs and non-arm’s-length income (NALI)

Non-arm’s length income is coming under increased scrutiny by the Tax Office and penalties can be steep, so it pays to understand how to stay on the right side of… Read more.

SMSF statistics: 1.1 million members with $869 billion in super

The size of the self-managed super fund sector continues to grow in terms of members and assets, at the expense of all but industry super funds. Read more.

SMSF statistics: 1.1 million members with $869 billion in super

The size of the self-managed super fund sector continues to grow in terms of members and assets, at the expense of all but industry super funds. Read more.

SMSF investing: An adviser’s insight into mFunds

There’s more than one way to invest in managed funds, including these actively managed listed funds that can be bought and sold as easily as shares. Read more.

SMSF investing: An adviser’s insight into mFunds

There’s more than one way to invest in managed funds, including these actively managed listed funds that can be bought and sold as easily as shares. Read more.

Q&A: Does a property owned by an SMSF need to be sold upon retirement or can we take possession?

We have a real estate property in our SMSF that is rented out and passes the sole purpose test. Our fund is only two members, my wife and I. When… Read more.

Q&A: Does a property owned by an SMSF need to be sold upon retirement or can we take possession?

We have a real estate property in our SMSF that is rented out and passes the sole purpose test. Our fund is only two members, my wife and I. When… Read more.

Q&A: What to consider if a director of a corporate trustee of a single member SMSF resigns

There are lots of things that we need to consider. What I’ve given you here is the actual rules which are contained within the superannuation legislation. Read more.

Q&A: What to consider if a director of a corporate trustee of a single member SMSF resigns

There are lots of things that we need to consider. What I’ve given you here is the actual rules which are contained within the superannuation legislation. Read more.

Q&A: What should we have in place for when an individual trustee of an SMSF passes away?

What I need to highlight here, is we’re looking at individual trustees and not a company acting as trustee. We’ve got two individual trustees. Read more.

Q&A: What should we have in place for when an individual trustee of an SMSF passes away?

What I need to highlight here, is we’re looking at individual trustees and not a company acting as trustee. We’ve got two individual trustees. Read more.

Q&A: Can I receive my deceased spouse’s accumulation death benefit in a pension income stream?

If a fund has two members (both in accumulation) and one dies, can the surviving spouse receive the deceased spouse’s super by a death benefit pension income stream? Read more.

Q&A: Can I receive my deceased spouse’s accumulation death benefit in a pension income stream?

If a fund has two members (both in accumulation) and one dies, can the surviving spouse receive the deceased spouse’s super by a death benefit pension income stream? Read more.

Q&A: I’m 60. What happens to my super when I wind up my SMSF?

You certainly won’t be able to actually close or what we call wind up your SMSF until all the member’s benefits which are held within the fund have actually been… Read more.

Q&A: I’m 60. What happens to my super when I wind up my SMSF?

You certainly won’t be able to actually close or what we call wind up your SMSF until all the member’s benefits which are held within the fund have actually been… Read more.

Year-end superannuation tips and traps

Thursday 25 May 2023 at 11:00 am AEST

Year-end strategies and procedures to get the best outcomes from your superannuation before the end of the 2022-23 financial year.

If you are using a tax agent, and are not a new SMSF, your agent will need to lodge your fund’s annual return by the 15th of May. Your tax agent will need all the same information as early lodgers and will need to appoint an auditor at least 45 days before lodgment date (or by the end of March).

Important: All information on SuperGuide is general in nature only and does not take into account your personal objectives, financial situation or needs. You should consider whether any information on SuperGuide is appropriate to you before acting on it. If SuperGuide refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial advice before making any investment decisions.