The winners and losers of an indexed transfer balance cap
SG Blog: From 1 July 2021 the Transfer Balance Cap will be indexed to $1.7 million, which is great news for any individual who hasn’t
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Alternate Trustees for SMSFs
It is generally well understood that each member of an SMSF must be an individual trustee or a director of the corporate trustee. Further, if
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Work Test Exemption
Depending on a member’s age, the work test is a key test to be contemplated when making contributions to an SMSF, and SMSF trustees must
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Reversionary Pensions
A member’s estate planning objectives should be taken into account when commencing any new pension. If a member has a pension account with a reversionary
Read MoreWhat asset segregation means to an SMSF
Whether it’s for pension purposes, different risk profiles, quarantining foreign funds or simply as a result of not knowing any different, SMSFs have long had
Read MoreInvestment Strategies destroy the red tape reduction strategy
For well over 10 years now various Governments have put forward the concept of reducing administrative red tape for SMSFs whilst at the same time
Read MoreSMSF expenses – just an arm’s length away
Non-arm’s length income has been a staple of the SMSF environment for many years. The link between seemingly innocuous fund expenses and non-arm’s length income
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Non-Arm’s Length Expenditure
Over time tax law has evolved to disincentivise certain income from being diverted into SMSFs or to discourage trustees from engaging in certain practices to
Read MoreTraversing the contribution landscape
Having contemplated the issues associated with indexation, we now turn our attention to what the current contribution landscape looks like for SMSF members. Importantly we
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