SMSFs: Calculating tax-free components
Q: Assuming my SMSF today has an tax-free component of 40% of the total, and in the future I roll over an employer based super into my SMSF, does the tax-free component remain at 40% of the new total or does it have to be recalculated?
How do we retire if we’re not employed?
We do not intend to work again and would like to take a pension from our SMSF. Is this intention sufficient? We cannot retire from gainful employment because we do not have any.
How do I find a SMSF provider?
I would like to know who is the best SMSF specialist in Perth who I can get to do my SMSF audit and tax return and give me the best advice on what to do.
What is a cost-effective trust deed update solution?
Q: We have a Trust Deed which should be updated and I figure the best way is to amend it by simply replacing it. What is best way of going about it without having to “pay all over again”?
Can my SMSF buy a property without paying tax?
Q: Can I sell my managed funds within my super fund and buy a rental property for the same amount without paying any taxes? We are an information site rather than an advisory site, and the answer to your question depends [...]
Why bother with an SMSF?
Q: If a couple who are senior age can receive income of $51,630 tax-free outside of an SMSF, why bother with all the requirements and costs of operating an SMSF if the annual income of the fund is less than [...]
Divorce: How is Australian superannuation divided in a NZ divorce?
Q: Are you able to shed any light on how Australian super funds are treated/divided by New Zealand courts in the case of divorce, where the two parties are also New Zealand citizens? We’re not familiar with NZ family law [...]
Guest contributor: How $1 million can last longer than you
My portfolio looks like heresy when measured against the orthodox modern diversified portfolio designed to manage risk, but I believe that my large asset allocation to Australian shares is actually a smart approach to ensuring the money does not run out over a 30-year retirement.
SMSF audit: Where is your fund’s trust deed and investment strategy?
Q: Do I need to provide a copy of my super fund’s trust deed and financial strategy to my SMSF fund auditor in order to complete the auditing process? ‘Yes’ is the answer, based on the ATO publication ‘Auditing a self-managed super fund’, which provides instructions for SMSF auditors.
SMSF confidential: the inside story on DIY super funds
SMSFs outperform large funds even in difficult investment climates, according to the latest ATO report on SMSFs. If that news isn’t confronting enough for the non-SMSF super industry, add the fact that SMSF members are also richer (and older) and have larger account balances.
SMSF trustee declaration: a quick guide
When setting up your SMSF, you must sign a SMSF trustee declaration that confirms you understand the responsibilities and duties involved in running a SMSF.
