This latest report was published in August 2022 and covers developments up until 31 March 2022. The June numbers are not out yet. In this episode, Kevin Zhang, Technical Compliance Manager of Class, will walk you through the main findings of this report.
The timing of the declaration of trust over the LRBA property is crucial. Here is Geoff Stein of BWS Laywers with more.
Property development within an SMSF can be done but is fraught with danger as Bryce Figot of DBA Lawyers will tell you.
The Marsella case changed forever how SMSF trustee discretion is exercised. Here is Paul Mackenroth of Cleary Hoare with more.
In this episode Kathy Evans discusses pension and lump sum payments, deductibility of SMSF expenses as well as the SMSF look up.
Why an SMSF? In this episode Kathy Evans of Findex in Albury/Wondonga will list 15 factors to consider.
You don't have to follow the LRBA safe harbour rules. But many do. Kathy Evans of Findex will walk you through the 7 safe harbour rules listed in PCG 2016/5.
A family allowance agreement might save your family a lot of money. Grant Abbott of Lightyear Docs and I love SMSF will tell you more.
Excess concessional contributions can work to your advantage. Here is Grant Abbott of Lightyear Docs and I love SMSF with more.
The appointor has the power to appoint and remove a trustee. Here is Grant Abbott of Lightyear Docs and I love SMSF with more.
Why would you create a leading member? And how? Grant Abbott of Lightyear Docs and I love SMSF has the answer.
An SMSF can claim Div 43, 40 and anything under $300 assuming it doesn't run a business. Here is Scott Brunsdon of Depreciator.com with more.
Downsizer contributions are turning out to be more popular than many thought - including us. To learn more, we asked Daniel Mikhail of Partners Wealth Group to walk us through the details.
Managed funds have become household names. But how exactly do they work? Here is Daniel Mikhail of Partners Wealth Group with some answers.
How to set up a related party LRBA without triggering a dividend? Andrew Henshaw of Velocity Legal in Sydney will give you the answer.
How exactly does this work when an SMSF buys property jointly as tenants in common? Andrew Henshaw of Velocity Legal in Sydney has the answer.
SMSF investment strategies will receive a lot more limelight going forward. Liam Shorte of Verante in Castle Hill will tell you why.
An SMSF can only borrow through an LRBA. Peter Bobbin of Argyle Lawyers in Sydney will tell you more and answer your questions.
SMSF joint property acquisitions are one way to circumvent a lack of cash within an SMSF as Peter Bobbin of Argyle Lawyers in Sydney will tell you.
Most SMSFs have a corporate trustee. In this episode Peter Bobbin of Argyle Lawyers in Sydney will discuss the finer details of corporate trustees.
Investing super in property is a popular strategy. But how exactly do we do that? We asked Peter Bobbin of Argyle Lawyers in Sydney about the options we have.
The death of an SMSF trustee is a big event in the life of an SMSF. Here is Rani Gandha of Turnbull Hill Lawyers with more.
SMSF trustee responsibilities are many and varied. The road is full of roadblocks. Here is Rani Gandha of Turnbull Hill Lawyers with more.
In this episode Peter Bobbin of Argyle Lawyers will tell you more about a new non-arm’s length concept - non-arm’s length expenses - NANE.
s295-550 ITAA97 doesn't get much limelight but is much more dangerous than s109 of the SIS Act. Here is Peter Bobbin of Argyle Lawyers with more.
Non-arm's length income features in most court cases around the sole purpose test as Peter Bobbin of Argyle Lawyers will explain in this episode.
In-specie contributions and payments are complex since you get two transactions "for the price of one". Gordon Mackenzie of UNSW discusses this in more detail.
SIS dependancy determines who gets your super. Tax dependancy determines the amount of tax payable. Here is Gordon Mackenzie of UNSW with more.
A death benefit is any payment your super fund makes after you die. Here is Gordon Mackenzie of UNSW with more.
Binding death benefit nominations are an important part of SMSF succession. Daniel Butler of DBA Lawyers will tell you more.
How does SMSF succession work? Daniel Butler of DBA Lawyers in Melbourne gives you a helpful overview and shares some war stories. Here is what we learned.
The top 10 SMSF hot spots for July to October 2018 cover a wide range of topics. Here is Miranda Brownlee of SMSF Adviser.
When moving a TRIS to retirement phase, does it matter when you notify the trustee? Meg Heffron of Heffron SMSF Solutions has the answer.
When a member dies, there is a lot to deal with in the aftermath - including the member's SMSF. Here is Meg Heffron of Heffron SMSF Solutions with the details.
The bring forward rule for non-concessional contributions now needs to work around the TSB. Meg Heffron of Heffron SMSF Solutions will tell you more.
To minimise tax you need to maximise your exempt current pension income (ECPI). Melanie Dunn of Accurium will tell you how.
Not every SMSF needs an actuarial certificate. Whether you do or don't depends on a range of things. Here is Melanie Dunn of Accurium with the details.
A fund has disregarded small fund assets when a member's TSB in retirement phase exceeds $1.6m. Melanie Dunn of Accurium will tell you why this is relevant.
To segregate or not - that is a big question and affects ECPI. Melanie Dunn of Accurium will walk you through the details.
The Class SMSF Benchmark Report 2018 looks at the effects of the super reform up to now. Here is Kevin Bungard of Class with the details.
What is Mclowd's 2020 vision? Where are they heading? Here is Ashley Porter, the CEO of Mclowd with the details.
We all need to decide where we stand regarding financial advice. One option is to engage a digital financial advice platform. Jim Hennington of ASAP has more.
The Australian Productivity Commission's April 2018 draft report tried to compare ARPA funds with SMSFs. Here Kevin Bungard, the CEO of Class, with more.
Miranda Brownlee writes for SMSF Adviser and covers over 20 stories a week, all about SMSF. We asked Miranda what happened in May. Here is what we learned.
The story of Mclowd starts like many other successful start-ups. Mclowd was born out of an attempt to "scratch its own itch". Ashley Porter was there.
Here are some comments from Kevin Bungard, CEO at Class, about the first round of event-based reporting.
When do you need an acknowledgement of trust in an SMSF? Heide Robson will talk you through different scenarios re compliance with s52(2)(g) of the SIS Act.
The Story of Class is not just about Class. It is also a story about the SMSF industry and us. Kevin Bungard of Class will tell you how it all started.
The super reform is done and dusted, but some issues still raise their head. Daniel Mikhail of Partners Wealth Group will discuss those with you.
Pension strategies post 1 July 2017 have changed. Daniel Mikhail of Partners Wealth Group will guide you through the different options.
Online SMSF auditing software is the way of the future. Manoj Abichandani of onlinesmsfaudit.com.au will tell you why and how.
How do data feeds actually work? Kevin Bungard and Tom Sargent of Class will give you a unique insight.
Personal insurance inside or outside of Super? Mistakes can cost dearly. Daniel Mikhail of Partners Wealth Group will guide you through the intricate details.
The December 2017 Class SMSF Benchmark Report is a great read. Kevin Bungard of Class will share valuable insights with you.
Estate planning is complex because it has so many moving parts: trust law, super law, tax law, family law. Ben Symons of State Chambers, NSW will walk you through the jungle.
How did BGL start? Where is it now? And where to from here? Ron Lesh of BGL will take you from the past to the future.
Are we as tax advisers allowed to partially commute balances from pension back to accumulation? Here is David Moss of Merit Wealth on this issue.
Can a TRIS converts to an ABP or does it need to stop and start? David Moss of Merit Wealth discusses the current status of this issue.
According to the ATO the sole purpose test is the most commonly breached rule. Manoj Abichandani of Online SMSF Auditor discusses the issue.
The super reform changed estate planning within the SMSF environment. Here is Chloe Ward of Intello giving you an overview.
Events based reporting experienced an impressive turnaround. In this episode Ron Lesh of BGL will tell you how this came about.
From 1 July 2018 all SMSFs in retirement phase need to report certain events to the ATO. Chloe Ward of Intello gives you an overview.
Do you offshore SMSF work or not? Chloe Ward of Intello will tell you how they turned staying in Australia into an advantage.
Tax Talks is Australia’s tax news podcast for tax professionals. Informative, entertaining and free.
Liability Limited by a scheme under the Professional Standards Legislations