SMSFs (Self-managed super funds)

The SMSFs section is for Australians running self-managed super funds (SMSFs), covering the current issues facing SMSF trustees, setting up a SMSF, how to run a SMSF, investing your DIY superannuation money, getting financial advice, and special SMSF rules such as investing in property.

This section also includes a special section called SMSF basics.


Below are some of our key SMSF articles:

Set out below are all SuperGuide articles explaining SMSFs (Self-managed super funds).

Seeking advice? Financial Advisers Register is a starting point

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On 31 March 2015, the Australian Securities & Investments Commission (ASIC) launched the first phase of the much-talked about Financial Advisers Register. The Register (FAS), contains information about 19,000 advisers. ASIC has also kindly updated its consumer information about how to choose a … [Read more...]

Super contributions caps for the 2015/2016 year

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The superannuation contributions caps for concessional (before tax) and non-concessional (after tax) contributions will not increase for the 2015/2016 year. The contributions caps applicable for the 2015/2016 year, will be the same limits in place for the 2014/2015 year. Concessional … [Read more...]

SMSF trustees: Is your fund ready for SuperStream?

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If your SMSF receives super contributions from an employer, or employers, on behalf of SMSF members, then you need to ensure that your self-managed super fund is SuperStream-ready. Effective from 1 July 2015, employers with 19 or fewer employees must use the SuperStream standard, although as the … [Read more...]

Upper limit on SG contributions (for 2015/2016 year, and for 2014/2015 year)

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Note: This article explains the maximum superannuation contribution base for the 2015/2016 year, for the 2014/2015 year, and for previous years. The maximum superannuation contribution base is used to determine the maximum Superannuation Guarantee (SG) contribution that an employer is required to … [Read more...]

Guest contributor: Franked dividends are not a tax concession

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Note: The 2015 Tax Discussion Paper, released in March 2015, has questioned the merits of franking credits for Australian dividends. Further, although not referenced with reviewing the tax treatment of investments, the Financial System Inquiry final report also questioned the imputation system, … [Read more...]

Super rich tax? Looting SMSF accounts to fix the budget

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Note: This article is in response to recent claims that superannuation tax concessions are directed towards the ‘super rich’. If you are concerned about being unfairly targeted by the current tax reform process, ensure you make a submission before Monday 1 June 2015. The relevant links to the tax … [Read more...]

Nightmare on super street: Excess contributions

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Since 1 July 2013, if you exceed your concessional or non-concessional cap, the consequences are generally administrative inconvenience and a small financial charge. Before July 2013 (and this still applies for the financial years before July 2013), the consequences of exceeding one or both caps … [Read more...]