Self Managed Super Funds

Carrying on a Business Through Your Self Managed Super Fund

By Warren Kruger / November 20, 2018 / 0 Comments

Under the regulations, self-managed super funds (SMSFs) are not prohibited from carrying on a business, however the business must be: allowed under the SMSF’s trust deed, and operated for the sole purpose of providing retirement benefits for fund members. Note however that the rules governing SMSFs prohibit or limit some activities available to other businesses, […]

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Will New Limited Recourse Borrowing Arrangments Rules Stymie Your SMSF Contribution Plans?

By Warren Kruger / September 21, 2018 / 0 Comments

An “integrity” measure, which aimed to stop SMSF trustees from manipulating their total superannuation balance in order to keep below the $1.6 million threshold, may have the unintended outcome of reducing the appeal of Limited Recourse Borrowing Arrangements. Legislated changes to limited recourse borrowing arrangements (LRBAs) in regard to calculating an SMSF member’s total superannuation […]

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How to Deal with SMSF Trustee Disputes

By Warren Kruger / August 7, 2018 / 0 Comments

Everyone goes through the odd rough patch in their relationships with one another and SMSF trustees are no different. However the ramifications of a dispute between trustees are likely to have more wide ranging affects than the average quarrel between friends because SMSF trustees have vested interests, established duties and legal responsibilities towards the fund, […]

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The Proportioning Rule and Your SMSF: It’s all About Balance

By Warren Kruger / June 17, 2018 / 0 Comments

When calculating a super benefit, it is necessary to identify and determine the value of the various components that make up the benefit. The law around superannuation dictates that the tax-free component and taxable components of a member’s payment must be paid in the same proportion as the tax-free and taxable components of the member’s […]

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SMSF Commutation Requests – How to get the green light from the ATO

By Warren Kruger / April 8, 2018 / 0 Comments

The ATO has issued guidance on its approach to commutation requests, which is an essential piece of information for SMSF trustees because it explains which commutation requests will not be subject to an ATO review. With recently introduced superannuation rules now in effect (from 1 July 2017), superannuation members with income streams that are valued […]

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Bitcoin: Its place in your wallet or SMSF portfolio

By Warren Kruger / April 3, 2018 / 0 Comments

While bitcoin may be the most well-known cryptocurrency, there are nearly 1,500 in existence. In its simplest form, a cryptocurrency is a “peer-to-peer electronic cash system”, which means that the currency is not in a physical form like cash but sits in an electronic register. What makes bitcoin work, where previous attempts at electronic cash […]

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