Articles by Jason Spits

Contributions

Contribution safety nets removed

work test removal

SMSF trustees will receive minimal guidance and no red flags about voluntary contributions after the removal of the work test.

read more
Superannuation

Super gender gap smallest in a decade

superannuation gender gap

The gender gap in superannuation has narrowed further, but is still 20 years from being closed.

read more
Investments

OpenInvest signs third trading firm partnership

OpenInvest Market Matters

OpenInvest will partner with a Sydney trading firm in the rollout of online portfolios for retail investors.

read more
Pensions

Tax promise should include reserves

pension reserves tax

An election promise of no new taxes on superannuation may lead to legacy pension reserves being untaxed when commuted under a proposed amnesty.

read more
Contributions, Superannuation

Super access for homes promised

superannuation first home

A re-elected Morrison government will grant access to superannuation to buy a first home and will further reduce the eligibility age to make downsizer contributions.

read more
Contributions

Downsizer changes create NCC clash

downsizer non-concessional contributions

SMSF members may choose to postpone downsizer contributions to a later time if they impact NCCs in the short term.

read more
ATO, Auditing

ATO to tell auditors about disqualifications

ATO SMSF auditors disqualification

The ATO will inform SMSF auditors of the disqualification of trustees or directors of a corporate trustee, but has urged them to review the status of all clients.

read more
Investments

Lack of detail not a free hand

SMSF deed investment

A lack of details in an SMSF trust deed does not imply trustees have a free hand when considering what makes an acceptable investment.

read more
ATO

No leniency for late returns

SMSF lodgements extension

The ATO is not considering a general extension for late lodgements for SMSF annual returns, but has encouraged people to contact it directly to seek assistance with any problems.

read more
Estate Planning, Property

Limited consideration of property at death

SMSF property death benefit

Non-specialist SMSF advisers are not considering how to treat property as a death benefit.

read more

Copyright © SMS Magazine 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.