Fact Find
Enjoy access to a wide selection of information and fact sheets relating to various aspects of SMSF admin and compliance.
Latest
Step by Step Instructions to Appointing SuperGuardian as your Tax Agent Video
Watch this video to see step by step instructions how to appoint SuperGuardian as your Tax Agent.
Appointing SuperGuardian as your Tax Agent
Self-Managed Superannuation Funds are required to use the Client-agent linking nomination process to appoint a Tax Agent
Contribution and Total Superannuation Balance
Contributing to super is a vital part of growing retirement savings. In recent years there have been
Guide to Pensions in SMSFs
When a member meets a condition of release, they become eligible to commence a pension using some
Valuations for Year End Reporting
It is a legal requirement that all SMSFs record and report all assets at market value. Failure
How to view your Transfer Balance Cap
From 1 July 2017 a cap was introduced to limit how much can be transferred to a
Guide to Transition to Retirement Pensions in SMSFs
When a member meets a condition of release, they become eligible to commence a pension using some
Transfer Balance Account Reporting
Transfer Balance Account Reporting From 1 July 2017, three inter-related concepts were introduced to Superannuation. • Transfer
Indexing the Personal Transfer Balance Cap
The General Transfer Balance Cap (GTBC) was introduced from 1 July 2017 and is a cap on
SMSFs and the Age Pension
Subject to satisfying eligibility requirements, self-funded retirees may qualify for Centrelink benefits such as the Age Pension
Excess Non-Concessional Contributions
The non-concessional contributions cap is $110,000 from 1 July 2021, however the ability to contribute to super
Excess Concessional Contributions
The concessional contribution cap is $27,500 from 1 July 2021. With the ability to carry forward unused
Timeline Changes in Super 2007-2021
LEGISLATIVE AND REGULATORY SMSF CHANGES 2007-2021 To read this fact sheet in its entirety download the PDF
Understanding super terminology
An individual’s Transfer Balance Cap (TBC) and Total Superannuation Balance (TSB) are calculated differently andare separate concepts.
Deciding on your SMSF Trustee
Deciding on the type of trustee which will be responsible for your SMSF is important.There are two
Key Rates and thresholds for 2021/22 Financial Year
Superannuation contributions and benefits are subject to various rates of taxation often linked to indexed thresholds. Similarly,
The benefits of a special purpose corporate trustee
Deciding on the type of trustee which will be responsible for your SMSF is important. There are
SMSF Trustee Structure – What is the process to change it?
The choice to have either individual or a corporate trustee is an important decision to make for
Six Member SMSFs
The Treasury Laws Amendment (Self Managed Superannuation Funds) Bill 2020 received Royal Assent on 22nd June 2021.
Bring Forward Contributions
The ability to bring-forward future year entitlements to make non-concessional contributions has been in place for many
SMSF Residency
SMSF’s must be ‘complying’ to ensure they attract the tax concessions they are known for. An SMSF’s
Downsizer contributions and SMSFs
Housing affordability has long been an issue in Australia. As part of the 2017 Budget, the government
First Home Super Saver Scheme
The First Home Super Saver Scheme (FHSSS) was introduced by the government to deal with housing affordability
Spouse Contribution Tax Offset
Where a taxpayer has a spouse with a low income or who is not working and under
Deferred Contribution Allocation
A deferred contribution allocation strategy, often referred to as contribution reserving, enables a member to bring forward
Unused Concessional Contributions Cap Carry Forward
The standard concessional contribution cap, the limit for concessionally taxed employer and personal deductible contributions, remained at
Death and Incapacity – Who is in control of your SMSF?
With many trustees citing ‘control’ as one of the primary reasons for establishing an SMSF, there are
Why is an Enduring Power of Attorney essential?
We all recognize the need for a will when we begin to plan for our future and
Cryptocurrency Investments for SMSFs
Cryptocurrency is a term used to describe digital assets used as a medium of exchange. The records
5 Potential Errors When Running An SMSF
While an SMSF offers a number of benefits and can be a great way to grow your
Top 10 Trustee Tips to Running a Successful SMSF
With over 590,000 SMSFs controlling over $760 billion in assets, it is obvious many Australians are opting
Precious Metals – How to hold Gold and Silver in an SMSF
There are different types of investments that an SMSF can hold and precious metals are one of
Understanding SMSF Expenses
SMSFs inevitably incur expenses during their operating life. It is important to understand that of the expenses
Apportioning SMSF Expenses
Where an SMSF has retirement phase pension accounts and accumulation accounts there may be a need to
Unsegregated SMSFs and Actuarial Requirements
As a rule, SMSFs can either use the segregated or unsegregated/proportionate method to determine their Exempt Current
Implications of Late lodgement of your SMSF Annual Return
The SMSF Annual Return is an important document that covers the income tax return, regulatory information and
2021 Annual Trustee Plan
It’s the New Year – time for new resolutions and planning the year ahead. For SMSF trustees,
Alternate Trustees for SMSFs
It is generally well understood that each member of an SMSF must be an individual trustee or
Work Test Exemption
Depending on a member’s age, the work test is a key test to be contemplated when making
Reversionary Pensions
A member’s estate planning objectives should be taken into account when commencing any new pension. If a
GST and SMSFs
Goods and services tax (GST) is a tax of 10% on goods and services sold within Australia.
Non-Arm’s Length Expenditure
Over time tax law has evolved to disincentivise certain income from being diverted into SMSFs or to
Retirement Phase Lump Sum Withdrawals
Proper planning should be undertaken and consideration given to how personal withdrawals are treated each year. Depending
Death Benefits – Who Can be a Beneficiary under Superannuation Law?
An important consideration for your superannuation and estate planning is who you would like to receive your
UK Pension Schemes
The relationship between Australian superannuation funds and UK pension schemes has been a complicated one for a