SMSF Australia Blog Articles
Proposed SMSF Reforms: What Trustees Need to Know
New PCSS discussion paper proposes SMSF reforms: trustee education, higher supervisory levy, and CSLR levies. Here's what trustees need to know so far.
What Is an SMSF Trustee Minute?
An SMSF trustee minute records how trustees reached a decision, required for audits and ATO compliance. Learn what to include, retention rules, and penalties.
What Is ECPI in an SMSF?
Exempt current pension income (ECPI) explained: Segregated vs actuarial methods, disregarded small fund assets, and the Div 296 tax impact.
What Are SMSF Administrative Penalties?
SMSF administrative penalty rates from 1 July 2026, common ATO breaches, how penalties apply to individual vs corporate trustees, and red flags.
How Long Do SMSF Records Need to Be Kept?
SMSF record-keeping requirements: which documents need 5 vs 10 years, penalties for non-compliance, and rules for storing records electronically.
What Happens to My SMSF If I Move Overseas?
Moving overseas can breach your SMSF's residency rules and trigger a tax of up to 50% on your fund. Learn the three residency tests and how to plan ahead
Can my SMSF claim financial advice fees as a tax deduction?
Not all SMSF financial advice fees are tax deductible. Learn which fees qualify under ss8-1 & 25-5, and which are capital in nature and non-deductible.
Can I pay for Dental Work from my SMSF
Learn when your SMSF can pay for dental work including compassionate grounds release, eligible treatments, required documents, and how tax applies.
Capital gains relief under Div 296 ($3mil tax)– Should my SMSF opt in or not?
SMSFs can reset their CGT cost base to 30 June 2026 for Div 296 purposes. Learn who should opt in, the deadline, and what to prepare before 30 June 2026.
Can I keep the SMSF after the divorce?
After divorce, SMSF assets must be split by agreement or court order. Learn how to keep the fund running post-separation, including CGT rollover relief options.