Set out below are all SuperGuide articles that relate to SMSF administration.
Recent changes to superannuation contribution caps and the transfer balance cap make now a very good time to review your trust deed.
Careful management of capital gains and losses can make a big difference to your retirement savings.
John Maroney, CEO of the SMSF Association provides further insight into Rice Warner’s recent report into the average costs of SMSFs, including the impact of property on costs, plus tips for SMSF trustees on reducing costs and finding suitable providers.
The bar has been raised on the amount you can transfer into a pension account, but don’t get tripped up by the details.
As the October deadline looms, SMSFs need to ensure they are ready and able to take rollovers via SuperStream.
An SMSF is no different to a fitness, diet or a savings plan, in that a few days dedicated to making sure it is in order for the year ahead will reap benefits over the next 12 months. So what are some of the things that you should be resolving to do for your SMSF in 2021?
SMSF trustees have a lot to remember. Along with trustee meetings and minutes, trustees need to keep up to date with current superannuation legislation and review their investments regularly. There are annual returns to lodge, auditor reports to arrange and actuarial reports to book as well if your SMSF is paying a certain kind of pension.
SMSFs can cost a bit to set up, but the latest research shows they quickly become cost effective to run.
An actuarial certificate is a document that certifies how much of a SMSF’s earnings are derived from its members’ accumulation phases and retirement phases.
Legislation is soon expected to pass that will enable larger SMSFs. Are you thinking about adding members? Let us know in our poll.
Many SMSFs start off with just one or two members but, as members’ children mature and become adults, some SMSF trustees seek to add dependents to their fund.
Life is never quiet for SMSF trustees and 2020/21 looks like it will be no different, with a recession and lots of new legislative requirements to deal with.
The SMSF supervisory levy is an annual payment that all SMSFs must pay to the Australian Taxation Office (ATO).
An SMSF trustee declaration is an Australian Taxation Office (ATO) document that summarises the duties and obligations of an SMSF trustee or director.
Self-managed super fund (SMSF) expenses can be tax deductible provided that they comply with Australian taxation legislation.