SMSF costs: How much does an SMSF really cost?

This article on SMSF costs was originally posted in The Australian, 13 July 2020 under the title “How much does an SMSF really cost? That depends on who you ask” What are the average SMSF costs? Even the regulators can’t agree on how much it costs to run a self-managed superannuation fund. The Australian Taxation […]

SMSF Physical Gold Investments: Bull Market 2020

Gold ends the 2020 financial year at record high as investors continue to accumulate precious metals. There are key underlying trends that are very important for SMSF physical gold investors to understand. UPDATE: July 2020 We are aware of media reports in relation to Environmental, Social and Governance (ESG) issues relating to Artisanal Smallscale Mining […]

SMSF borrowing levels are not a concern

The following letter to the Australian Financial Review on SMSF borrowing has been issued by John Marony, Chief Executive of the SMSF Association: SMSF borrowing misinformation In “Time to outlaw borrowing by self-managed super funds” (July 7) (PDF), Karen Maley has misinterpreted the latest statistics from the Australian Taxation Office (ATO) on the level of […]

Intermediary LRBA

The ATO has recently released SPR2020/1 which enables an intermediary LRBA (limited recourse borrowing arrangement) to be used by SMSFs without the investment triggering the in-house asset rules.  This ruling could potentially open the doors for SMSFs to access a wider pool of lenders and avoid some of the high interest rates and heavy legal […]

ATO SMSF Statistics December 2019

ATO SMSF statistics are published every quarter for the self-managed super fund (SMSF) market. These reports provide a valuable insight into the SMSF sector and help confirm trends that SMSF professionals such as advisers and accountants need to be aware of when operating in the space. ATO SMSF Statistics – December 2019 The latest quarterly […]

SMSF Accountant Job – Gold Coast | Adelaide | Remote

We are looking for an intermediate SMSF accountant with the right mix of experience, talent and drive who is motivated to meet deadlines, tenacious and passionate about delivering high quality client services. An accountant who balances the spreadsheet with business nous, and brings resourcefulness to challenging funds. This role is for the Intello SMSF Administration […]

Promissory Note for SMSF Contributions

  If you are looking to make last-minute contributions to an SMSF prior to 30 June, however the banks are closed or EFT and Bpay payments won’t clear in time, a promissory note may be a viable option. A great way to think of a promissory note is that it’s a ‘DIY cheque’ for people […]

Superannuation Contributions 2020-21

The new financial year often brings new rules and new strategies for superannuation and the 2020/21 financial year is no exception. The two key changes this year are: the removal of the work test for anyone aged 66 and 67 years old who wish to make non-concessional superannuation contributions 2020-21; and an extension of spouse […]

Superannuation Contributions 2020-21

The new financial year often brings new rules and new strategies for superannuation and the 2020/21 financial year is no exception. The two key changes this year are: the removal of the work test for anyone aged 66 and 67 years old who wish to make non-concessional superannuation contributions 2020-21; and an extension of spouse […]

Superannuation Contributions 2020-21

The new financial year often brings new rules and new strategies for superannuation and the 2020/21 financial year is no exception. The two key changes this year are: the removal of the work test for anyone aged 66 and 67 years old who wish to make non-concessional superannuation contributions 2020-21; and an extension of spouse […]