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Smsf

Super Splitting With Your Spouse

Super splitting is important when one member of a couple has a much higher super balance. It is also beneficial for couples that have a large age gap between them. Also, people with relatively low superannuation amounts will benefit from the ability to split super contributions with their spouse.

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Super Splitting With Your Spouse
( Posted in: Superannuation )

How Much Can I Save By Purchasing Property In A SMSF?

Quite a few years ago, I did some calculations on having a geared property within super versus a market linked ungeared fund portfolio.

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How Much Can I Save By Purchasing Property In A SMSF?
( Posted in: Investment Property )

New SMSF Event-Based Reporting Requirements

A new reporting regime for Self-Managed Superannuation Funds (SMSFs) commenced on 1 July 2018. It’s crucial that SMSF members understand the impact of this new reporting framework and get it right.

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New SMSF Event-Based Reporting Requirements
( Posted in: Superannuation )

Every Three Year SMSF Audits – A Ludicrous About Face

SMSF Auditors now must: be registered with ASIC; be registered with the ATO; have enormous amounts of regular professional updates; and also be audited by their peak professional bodies, such as the Chartered Accountants ANZ and CPA Australia.

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Every Three Year SMSF Audits – A Ludicrous About Face
( Posted in: Superannuation )

CBA To Scrap Supergear Product

CBA will SCRAP their Supergear product, effective 12th October 2018. A decision to refine their product offering to become a “simpler, better bank” is their reasoning to exit the LRBA market. 

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CBA To Scrap Supergear Product
( Posted in: Lending & Finance )

Superannuation Guarantee Amnesty Proposal

A chance to catch up! If legislated, the Amnesty will provide a once-off opportunity for employers to disclose super guarantee (SG) shortfalls which occurred between 1 July 1992 and 31 March 2018 without penalty.

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Superannuation Guarantee Amnesty Proposal
( Posted in: Superannuation )

Understanding how SMSF contributions work

Contributions can play an essential role in a self-managed superannuation fund (SMSF). Your SMSF contributions can be made in two ways – either by cash or an asset (known in the trade as ‘in specie’ contribution).

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Understanding how SMSF contributions work

Should you update your SMSF Trust Deed?

The Trust Deed of a Self-Managed Superannuation Fund governs the operation of the Fund and permits the Trustee to act to the extent permitted by the legislation and be able to comply with any superannuation changes.

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Should you update your SMSF Trust Deed?
( Posted in: Superannuation )