by Guy Wuoti | Mon, Jun, 2020 | SMSF Gold Coast, SMSF News, SMSF Options, Tips and traps, Trustee
Yes I know, once again the end of the financial year (EOFY) has snuck up on us faster than it should and 2020 could easily be the year of all years to ask for a tax planning leave pass. Before we throw in the towel however, the team at SMSF Options have been busy...
by Guy Wuoti | Mon, Mar, 2020 | Accessing your super, SMSF News, SMSF Options, Trustee
In response to Coronavirus (Covid-19) public emergency that is sweeping across the world, the Australian Government is allowing individuals affected by the virus to access up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21. While...
by Guy Wuoti | Fri, Oct, 2019 | Investments, SMSF Setup, Tips and traps, Trustee
You may be aware that the Australian Tax Office (ATO) has issued letters to nearly 18,000 SMSF trustees as part of a campaign to ensure trustees are aware of their investment obligations. Of key concern within the ATO’s letter is ensuring that trustees have...
by Guy Wuoti | Tue, May, 2019 | SMSF News, Accessing your super, Adviser, Boosting your Balance, Facts & Figures, Investments, SMSF Options, SMSF Setup, Tax, Tips and traps, Trustee
The Coalition Government has been re-elected in the 2019 Federal Election, with a small majority of seats in the House of Representatives, after taking a policy of stability for superannuation to the election. After the introduction of the significant legislative...
by smsfoptions | Wed, May, 2018 | SMSF Options, Facts & Figures, SMSF News, Tips and traps, Trustee
An SMSF friendly budget is the good news coming out of the 2018-19 Federal Budget. With SMSF members still working through the wide-reaching and complex superannuation changes which took effect from 1 July 2017, this Federal Budget will provide much needed stability...
by smsfoptions | Thu, Nov, 2017 | Pensions, Accessing your super, Adviser, Facts & Figures, SMSF News, SMSF Options, Tips and traps, Trustee
With the new super rules beginning on 1 July 2017, your requirement to report information about your SMSF and the pensions it pays you and other fund members may be changing. This is driven by the introduction of the new $1.6 million transfer balance cap which limits...