Blog & Resources
Stay Up to Date!News
ATO Email – Changes to your SMSF Account
The ATO has recently implemented a new practice of alerting authorised SMSF trustees via email and/or text message whenever changes are made within your self-managed super fund (SMSF). If you have received this email for the first time you may be asking, what does...
Gold Coast Update: TPB bans SAS QLD Pty Ltd for sustained and systemic SMSF Auditor Number misuse
Following an audit and subsequent referral by the Australian Taxation Office (ATO), the Tax Practitioners Board (TPB) undertook an extensive investigation resulting in the registration of Gold-Coast based tax agent Edward Mark Purnell-Webb and his business...
2020 End of Financial Year (EOFY) considerations
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...
Negative returns – looking for the positive?
Despite well formulated investment strategies and appropriate investment advice, no trustee could have foreseen the impacts of COVID-19 on financial markets globally. Whilst history suggests that a strong recovery is likely within a relatively short period after large...
COVID-19 – Providing concessions for the LRBA in my SMSF
The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a related party loan and is impacted due to the financial effects of COVID-19, you may be able to provide your LRBA with relief...
COVID-19 – Providing rental relief for the tenant in my SMSF property
The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a property and a tenant in financial distress, you may be able to provide your tenant with rental relief under an agreed...
Coronavirus Special Update
What a changed world we are living in as we all try to navigate the challenges arising from the current Coronavirus Pandemic, including protecting the health and safety of our friends and family, and the viability of our businesses, employment and investments. While...
Coronavirus – Early Access to Superannuation
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...
Expecting the unexpected – illness, incapacity or death of a member
The life cycle of a SMSF, in most cases is based on a long-term plan that may include an unexpected event(s) such as illness, incapacity or death of a member. How do we deal with these events when we have illiquid asset such as a property, if a member died for...
Get a FREE eBook on How to buy property
in a SMSF (Coming soon…)
Subscribe
Office
- Currumbin – Gold Coast
AUSTRALIA
Contact Us
- hello@smsfoptions.com
(07) 5521 0029