SMSF Australia Blog Articles

An SMSF member can accelerate non-concessional contributions, which are after-tax contributions, made to their SMSF provided they are eligible to use the bring forward rule. Up to three times the

The Australian Taxation Office (ATO) are concerned about increased activity of illegal early access superannuation benefits from a self-managed super fund (SMSF) being disguised as a loan to a member.

Just about anybody can set up an SMSF together. Most SMSFs include family members. The most common family fund includes a husband and wife or a de facto couple.  A

The 5% SMSF rule limits in-house assets, loans, leases, or investments, to 5% of total fund assets. Learn how it's calculated and what happens if you breach it.

Yes, an SMSF pays Capital Gains Tax just like any other taxpayer and like industry or retail funds do. This is payable as part of the annual SMSF Tax Return

There are many reasons why people choose to setup a self-managed superannuation fund (SMSF). Like any choice you come across there are advantages and disadvantages. When choosing a SMSF vs

Super benefits can be withdrawn and removed from the superannuation environment as a superannuation lump sum payment or as pension payments. The SMSF trustee can provide an income stream or

Possibly but probably not. As a member of your SMSF you are a related party. The superannuation laws prohibit a SMSF from acquiring assets from a related party. An exception

All SMSF expenses should be paid directly from the fund’s bank account. However, under certain circumstances a member can pay for fund expenses provided it is reimbursed on a timely

Yes, the SIS regulation r5.02 (2) specifically allow a SMSF trustee to deduct the direct SMSF Setup costs of establishing the fund such as the fund’s trust deed, establishing a