How do SMSFs invest?
SMSFs are often taken to task for relying too heavily on cash and Australian shares, but the picture is more nuanced if you scratch below the surface.
SMSF Q and As
Set out below are the latest articles that relate to smsf q and as.
Quiz: SMSFs for beginners
Take the following 10-question quiz to test your knowledge on the fundamentals of self-managed super funds (SMSFs).
What are the penalties for SMSF non-compliance?
We all make mistakes, but when it comes to your SMSF it’s important to work with the ATO to rectify mistakes or stiff penalties can apply.
SMSF Q&A special (November 2021)
Graeme Colley, executive manager, SMSF technical and private wealth, SuperConcepts kindly answers readers SMSF questions.
What on earth is an in specie transfer?
If you have ever wondered whether you can move shares or commercial property held in your own name into super, yes you can.
What type of people have SMSFs?
While self-managed super funds have gone mainstream, the people who run them have some unique characteristics.
Which asset classes are popular with SMSFs?
While cash and shares are still the go-to investments for SMSFs, the range of assets they hold are diverse, even in retirement.
Running multiple SMSFs: What are the pros and cons?
Although it’s legal to have more than one SMSF, there are important pros and cons you need to consider before taking the plunge.
What are the SMSF residency requirements?
Proposed changes in the 2021 Budget will level the playing field for SMSFs with members who move overseas.
What does it cost to run an SMSF?
A new report concludes that managing your own superannuation fund could cost less than you think.
How much super do you need to set up an SMSF?
SMSFs can cost a bit to set up, but the latest research shows they quickly become cost effective to run.
SMSF loans: What are the SMSF borrowing rules?
Changes to LRBA rules may make it easier for SMSFs to borrow to buy property.
Which SMSF expenses are tax deductible?
Self-managed super fund (SMSF) expenses can be tax deductible provided that they comply with Australian taxation legislation.
SMSF Q&As with the ATO: COVID-19 special
Dana Fleming, Assistant Commissioner of the SMSF Segment at the ATO, provides useful insights for SMSF trustees about current issues such as the early release of super process, providing rental concessions for tenants and the change to the minimum pension drawdown rates.
Can my SMSF loan money to me or my business?
There are a number of ways of legally accessing super early via an SMSF. These strategies are useful in times of economic disruption such as the current disruption relating to the coronavirus pandemic.
