Understanding SMSF trustees
Bob Locke
A self-managed superannuation fund is a type of “trust” and, like any trust, must be run by trustee/s. However, before setting up it is
Up-to-date, specialised strategy is core component of an SMSF professional’s arsenal. SMSF Adviser analyses and interprets regulatory and legislative changes to ensure the SMSF sector is kept informed on the tips, tools and best practice for serving SMSF trustees.
A self-managed superannuation fund is a type of “trust” and, like any trust, must be run by trustee/s. However, before setting up it is
Appointing an attorney to look after your finances if you become mentally incapable is a good idea, but should there be limits?
An SMSF can either have a corporate trustee or individual trustees. We strongly recommend that an SMSF have a sole purpose corporate truste
Draft Law Companion Ruling LCR 2019/D3 (LCR) covers the ATO views on how the amendments to s 295-550 [of the Income Tax Assessment Act 1997
We’ve entered a new era of SMSF administrative penalties where trustees are facing the consequences of any illegal activity in their funds
Does paying taxes while you’re working give you the right to expect you will receive an age pension when you decide that you no longer wan
Recently, the ATO released draft Law Companion Ruling 2019/D3 (LCR) on the newly passed non-arm’s length income (NALI) amendments to s 29
The ATO wants to ensure that, when an SMSF has a significant majority of its investments in a single asset class, the trustees have consider
Under the current rules, the maximum amount of “concessional” superannuation contributions that can be claimed is $25,000.00 per person
From 1 July 2020 employers will also be required to provide superannuation guarantee (‘SG’) support on the amount of employee salary sac
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