by smsf | 5 Feb 2025 | News
Access to relevant information and efficient time usage are two of a planner’s greatest challenges. Our SMSF administration service takes a proactive approach to providing advisers with the ability to provide a range of value-added services to their SMSF clients, but... by smsf | 29 Jan 2025 | News
The latest CPI figures have been confirmed and will result in an increase to the general transfer balance cap from $1.9m to $2m from 1 July 2025. Contribution cap increases are measured against AWOTE so will not change though the application of the NCC 3 year bring... by smsf | 29 Jan 2025 | News
Like all other property owners in Australia, SMSF trustees must obtain a Clearance Certificate when selling or disposing (including in specie transfers) Australian real property and give it to the purchaser at, or before settlement. Without a clearance certificate,... by smsf | 8 Jan 2025 | News
New legacy pension regulations, applying from 7 December 2024, are now in force. They affect lifetime complying, life expectancy and market-linked pensions, reserve accounts and, by extension, flexi pensions. Essentially the new rules provide elegant solutions for two... by smsf | 27 Nov 2024 | News
Following the loss of tax concessions on fund earnings underpinning TRISs their popularity plummeted but they still have their uses. Quite apart from providing pre-retirement income, which is their actual purpose, they can also be useful in quarantining tax... by smsf | 13 Nov 2024 | News
At the risk of appearing mundane, this week’s comment is on the well-established recontribution strategy. Its primary purpose is to reduce a member’s taxable component, thus reducing the tax payable by non-tax dependants on the member’s death. It can also be useful in...