Articles by Darin Tyson-Chan

Details key to overseas super transfer

June 13, 2024

Overseas transfer James Came AAT ATO Strayon Superannuation Fund Pension balance

The AAT has ruled the steps required to transfer offshore pension balances to local super funds must be considered regarding the money’s tax treatment.

Retirement work hours are strict

Definition of retirement Work SMSF Condition of release

June 12, 2024

Darin Tyson-Chan

The maximum number of hours associated with retirement status is a strict measure applied per week and not over a longer period of time.

read more

financial advice, Regulation

Call to change GST rebates for advice

June 11, 2024

Darin Tyson-Chan

A legal revision is being sought to allow super funds and platforms to continue the practice of claiming a rebate for GST charged on advice fees.

read more

Contributions, Superannuation

Mortgage debt shouldn’t rule out contributions

Mortgage Concession contribution Superannuation HLB Mann Judd

June 6, 2024

Darin Tyson-Chan

Paying off a mortgage should not be seen as a reason for not making additional concessional contributions towards superannuation.

read more

Legislation, LRBA, SMSFA, Tax

SMSFA staunchly defends LRBAs

SMSF LRBA Division 296 tax SMSF Association Greens

June 5, 2024

Darin Tyson-Chan

The ability for SMSFs to use limited recourse borrowing arrangements has been defended amid renewed calls from some politicians to ban them.

read more

Accounting, Superannuation

Money paid doesn’t define tax dependant

tax dependant ATO private binding ruling superannuation death benefit Adviser Digest Peter Johnson

June 4, 2024

Darin Tyson-Chan

An individual will not be considered a tax dependant on the basis that a super member has paid money to them for financial support.

read more

Insurance, SMSF

Insurance strategy tax effect wide

June 3, 2024

Darin Tyson-Chan

The tax implications of deciding to hold life insurance inside an SMSF extend beyond the deductibility of the premiums paid for the cover.

Hostplus offers unique unlisted asset access

Hostplus Unlisted assets SMSF SMSF Professionals Day 2024 Portfolio allocations

May 30, 2024

Darin Tyson-Chan

SMSF members have the ability to benefit from the economies of scale and access to unique investment opportunities a major industry fund enjoys.

read more

Investments, SMSF

Private credit improves SMSF portfolios

Private credit SMSF Zagga Investment strategy

May 29, 2024

Darin Tyson-Chan

The inclusion of private credit in an SMSF portfolio can not only boost returns, but also lower the amount of investment risk of the super fund.

read more

Administration, ATO, Compliance, SMSF

Retirement means major work change

Gainful employment ATO Retirement condition of release

May 28, 2024

Darin Tyson-Chan

To meet the definition of retirement and satisfy a condition of release, an individual’s employment arrangement must change significantly.

read more