SMSF Australia Blog Articles

So how much tax does an SMSF pay? SMSF is taxed at 15% of taxable income. Concessions can lower this rate and could reduce it to zero or result in a tax refund

Yes, you can claim a tax deduction for contributions made to your SMSF if you meet certain requirements such as, age and work conditions, enough taxable income

A self-managed super fund (SMSF) is automatically a retail investor unless they elect and are eligible to be a sophisticated investor or wholesale investor.

Are SMSF fees tax deductible? Yes, Under Section 8-1 of the Income Tax Assessment Act 1997 (ITAA) they are if they relate to gaining assessable income

No, SMSFs receive a one-third CGT discount (not 50%) on assets held over 12 months. Learn how SMSF capital gains tax works, the 10% effective rate, ECPI, and NALI implications

SMSF assets must be legally held by the trustee on behalf of the fund and kept separate from personal assets. Learn the correct title formats, what auditors check, and why a corporate trustee matters

Yes, every SMSF must be audited annually by a licensed ASIC-registered auditor covering both financial (Part A) and compliance (Part B) audits. Learn the deadlines, auditor requirements, and process

Learn how accountants and advisers become SMSF Specialist Advisers via the SMSF Association's SSA program, including eligibility and CPD requirements

You can’t really avoid division 293 tax but there may be some limited opportunities to minimise your taxable income to get below the division 293 threshold. You only need to

Yes. The tax laws relating to a Self-Managed Super Fund (SMSF) and an industry or retail fund  are the same except in relation to the Australian Taxation Office (ATO) supervisory