by Audit Your Superfund | Jul 31, 2017 | Blog
Why wind up an SMSF? Most of the time, because it’s no longer necessary. Trustees may have passed on, or there may no longer be a financial point of keeping it open. It may also be due to trustees not able to run an SMSF for example if they move overseas, or...
by Audit Your Superfund | Jul 17, 2017 | Blog
Complacency can lead to contravention. When trustees enlist your services to assist with a self-managed super fund or just generally build wealth, they may have some misconceptions about what they can and cannot do. It’s important to impart all the right...
by Audit Your Superfund | Jul 10, 2017 | Blog
Property just won’t stop. CoreLogic’s monthly indices to end of May 2017 show that across Sydney, Melbourne, Adelaide, Brisbane and Perth, values are up 8.45 per cent in a year. For Sydney and Melbourne, this figure rises to above 11 per cent. With prices...
by Audit Your Superfund | Jul 4, 2017 | Blog
Your trustees will know about the SMSF transfer balance cap by now – but what can they do about it? As of July 1st 2017, funds in retirement phase accounts cannot exceed $1.6 million. This will only impact a handful of funds immediately, but over time more and...
by Audit Your Superfund | Jun 27, 2017 | Blog
Ensuring SMSF compliance at all times is quite the job. For financial advisers and accountants, it means close scrutiny of the transactions and investments made by trustees through the fund. One of the more complicated issues that arises with SMSF compliance is...
