SMSF Australia Blog Articles

Generally no, but exceptions apply. Find out when SMSF trustees can be paid for non-trustee services, and what qualifications and conditions are required

The core of a SMSF’s operations lies in the trustee’s responsibilities to guarantee that reporting duties and obligations are fulfilled.

So what does an SMSF Accountant Do? They do the administrative and accounting needs of your SMSF to ensure it maintains compliance with the ATO’s regulations.

If you fail to lodge your SMSF Tax Return, the compliance status of your fund will be changed potentially making you liable for higher tax rates and penalties.

How do Self Managed Super Funds Work? SMSFs have grown in popularity so, we'll examine SMSFs more closely, their advantages and disadvantages.

Do You Need An Accountant for SMSF? No, it is possible for SMSF trustees to manage most of their needs, except for the annual audit but it is time consuming

Start with a few simple things that can have a big impact on your future! Here are a few idea’s to get the most out of your SMSF.

SMSFs are long-term plans. Which means a lot can happen from when you first set it up. Make sure to plan for unexpected events with your SMSF Accountant.

SMSF Outsourcing has clear advantages however, recent world events have also demonstrated shortcomings in the arrangement.

Several important superannuation contribution changes which may impact your ability to contribute to your SMSF, are set to take effect from 1 July 2022