There are some very valid reasons for the ATO’s increased compliance focus on SMSFs investing in property developments.

Issues such as high inflation and rising interest rates have significant consequences for SMSFs.

There is a mechanism allowing business owners to create a sizable super balance upon the sale of their personal entity.

Issue 42 of selfmanagedsuper examines the current status of the non-arm’s-length expenditure rules along with a government proposal to make new changes to the franked dividend system that will have significant ramifications for the SMSF sector. Our regular contributors look at a range of topical issues, including the current areas of compliance focus for the ATO, industry concerns about the proposed $3 million super earnings tax and strategies for dealing with legacy pensions and holding risk insurance inside an SMSF.

Edition 41 of selfmanagedsuper explores the biggest issue currently dominating the SMSF sector – the government’s proposed $ 3 million soft cap on member balances. It also covers the other significant development for practitioners being the Quality of Advice Review and what might happen in response to it. Our regular contributors examine a range of topical issues including the solution put forward for the treatment of general expenses under the non-arm’s-length expenditure rules, the necessary reviews when clients enter retirement, and how to access member benefits legally.

Edition 40 of selfmanagedsuper covers the SMSF Service Provider Awards for 2022. Along with an analysis of the secret to success of the premier organisations as recognised by advisers it celebrates the 10th anniversary of this event – the inaugural ceremony to recognise excellence in the sector. Our regular contributors take a look at topics such as how to manage the final payments of a market-linked pension, when fund actions need to be documented, the impact of the next round of transfer balance cap indexation, and how recent amendments to superannuation law intersect with social services legislation.

Edition 39 of selfmanagedsuper features the publication’s annual SMSF Roundtable involving four highly respected sector specialists. Topics discussed include the implications of the change of government, the non-arm’s length expenditure rules, new contributions rules, six-member funds, the requirement for some trustees to acquire a director identification number, and cryptocurrency investments. Our regular contributors examine what to do when a fund has in-house assets, the arguments for having a one-member fund, the variety of tax issues involved with superannuation, and the key considerations when making contributions.

Edition 38 of selfmanagedsuper considers what changes have taken place in regards to investment strategies since the ATO sent letters to around 18,000 funds in 2019 and also examines what the release of fund performance data means for the SMSF sector. Our regular contributors look at the benefits and pitfalls of creating a family super fund using the six-member rules, what needs to be done when a trust deed is lost, the need to review estate planning strategies given recent changes to legislation and a new structure to use collective investments in SMSFs.

Edition 37 of selfmanagedsuper examines an issue that has implications for every single SMSF trustee – Director Identification Numbers – and what needs to be done to comply with this new regime. Our regular contributors consider the value of alternative assets in an investment portfolio, and optimising tax outcomes for an SMSF. The details of […]