Category: News articles

How a family misfortune could push you over new $3m cap

First published in the Financial Review on 9 August 2023. Even couples well below the new proposed threshold could face an extra 15 per cent tax thanks to an insurance […]

Future2 Foundation – Make the Difference! Grants program now open

Content provided by Future2 | Proud partner of the SMSF Association Future2 are thrilled to announce that the highly anticipated Make the Difference! Grants program will open its doors on […]

Trustees trapped in nightmare of new expense rules

First published in the Financial Review on 13 June 2023. What is being forgotten is that the goal behind the change was to target SMSFs that enter borrowing arrangements with […]

accountantsGPS – Adding Value to Your Practice

Sponsored Content provided by accountantsGPS | Proud partner of the SMSF Association Webinar provided by accountantsGPS exclusively for SMSF Association members: Adding value to your practice with digital financial advice […]

LRBA safe harbour interest rates set to increase on 1 July 2023

With 1 July just around the corner, it’s important for SMSF trustees with a limited recourse borrowing arrangement (LRBA) to start planning for the increased liquidity pressures resulting from the […]

Restructuring Market-Linked Pensions (MLPs) – The wait for a commutation authority continues

The ATO have updated their website to reset the expectations of taxpayers who have restructured a MLP and are waiting on a commutation authority to be issued before they can […]

accountantsGPS – Australia’s First Digital SMSF Check-Up

Sponsored Content provided by accountantsGPS | Proud partner of the SMSF Association Best Practice SMSF recently caught up with George Haramis from Fintech business accountantsGPS, to discuss their new platform, […]

$3m super tax cap will hit farmers’ finances

First published in the Financial Review on 15 June 2023. Agricultural landowners are often asset rich and cash poor – which is why they will be gravely disadvantaged by the […]

ATO UPDATE: Restructuring market-linked pensions

With the introduction of the transfer balance cap regime, a market-linked pension that was commuted and restarted on or after 1 July 2017 may have resulted in the member exceeding […]

accsource – 10 ways for SMSF managers to promote efficiency and save time

Sponsored Content provided by accsource | Proud partner of the SMSF Association Managing SMSFs can be time-intensive, in order to stay competitive and deliver the best possible service to clients, […]