SMSF Director ID The SMSF (Self-Managed Super Fund) Director ID is a unique identifier that is assigned to individuals who act as directors of SMSFs. This identifier is used to monitor and regulate SMSF trustees and ensure that they are fulfilling their obligations...
What types of people have an SMSF? There are many different types of people who have an SMSF. Some of the most common include: Small business owners: Many small business owners choose to set up an SMSF to help manage and invest their retirement savings. This allows...
How to Complete Your SMSF Tax Return SMSF trustees are responsible for managing their own superannuation funds, which means they are also responsible for ensuring that their SMSF complies with all the relevant laws and regulations. One of the most important compliance...
How Often Should a Self-Managed Super Fund Value Its Property? Self-managed super funds (SMSFs) are becoming increasingly popular among Australians as a way to save for retirement. One of the key features of SMSFs is the ability to invest in a wide range of assets,...
SMSF COVID-19 UPDATES Due to the economic fallout and market volatility created by the Coronavirus, the Australian Government and the ATO have each separately announced various measures designed to help retirees navigate this new financial landscape. Some law changes...
Minimum pension payment planning The Government has halved the minimum pension payment obligation for the 2020 and 2021 income years. This lower pension payment obligation makes it more likely that individuals will draw down pension capital above the minimum (e.g., to...
