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Limited Recourse Borrowing Arrangements (LRBA) and Safe Harbour Rules – Your Questions Answered

                  Section 67 of the SIS Act prohibits the trustees of a SMSF from borrowing money, or maintaining an existing borrowing, unless the borrowing is covered under one of the limited exceptions.  […]
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Are Your SMSF Clients 30 June 2016 Compliant?

With 30 June fast approaching and the recent budget changes, you may be left scratching your heads thinking…”have I done everything I can for my clients prior to the end of the financial year?”   To help out, we’ve created […]
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The ATO Gets Smart…“The old 2 years of Concessional Contributions in 1 year trick”.. NEW CHANGES – CONTRIBUTION RESERVE

Those who watched Get Smart back in the 70’s and 80’s would know about Agent 86’s classic one liners!  Well, as he said in the classics, “the old – 2 years of Concessional Contributions in the 1 year trick” can […]
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How & When a Contribution is made to a Superannuation Fund

How often are you left with a client who makes a contribution after the date you tell them to?  For example, if you told your client to make a contribution the week before 30 June, however, due to the client’s […]
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Comparing SMSF’s Investments in Unit Trusts

                      There are various types of unit trusts a SMSF can invest in, which in turn leads to confusion regarding in-house asset issues and whether it can be acquired from […]
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Collectables and Personal Use Assets – The Deadline is Looming!

Collectables and personal use assets have been a very enticing investment for SMSFs for many years.  It’s simple, the SMSF purchases a painting, a motor vehicle, jewellery, wine etc. etc. and then the trustees use the assets ‘incidentally’ or ‘insignificantly’. […]
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Strategies to Eliminate Death Benefit Taxes

WHAT IS DEATH BENEFIT TAXES? Death benefit taxes are something that can be very complicated and unexpected for beneficiaries of a Superfund death benefit payment, particularly where that deceased member has not implemented the appropriate estate planning strategies. When it comes […]
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SuperAA Guide to Determine a Related Party

It is important to understand who a related party is of a Self-managed Super Fund (SMSF’s) as there are several guidelines around the acquisition of certain assets and the size of related party investments an SMSF can make (specifically In-House […]
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One-Off Re-Contribution Strategy before age 60

What is a Re-Contribution Strategy? If you have clients under 60, a quick review of their members balance could reveal a strategy that should be jumped on. Under the re-contribution strategy, your client will need to be considered retired from the […]
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Trustees Moving Overseas… SMSF Residency

SMSF Residency If one of your SMSF clients were to call you today and let you know they are planning to move overseas on a permanent or temporary basis, would you be able to provide your client with the appropriate […]
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