Self Managed Super Funds

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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Valuations and Your Self-Managed Super Fund

By Warren Kruger / March 12, 2018 / 0 Comments

  While there is not always the need to employ a qualified independent valuer for each valuation, there are important circumstances where it is mandated, and others where it is recommended. Where one is not used then appropriate documentation needs to be kept of how valuations were determined. Back-of-the-envelope or simply made-up valuations will not […]

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Can a SMSF Invest in Property Development?

By Warren Kruger / February 17, 2018 / 0 Comments

The ATO has been sending some mixed messages about property development involving an SMSF, and has indicated that it is one of the issues on its radar for 2018. So is property development an allowable investment for an SMSF? The short answer yes, but be careful. A longer answer is be very careful — it […]

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