SMSF Property Valuations: Why Obtaining An Accurate Market Value Is A Yearly Requirement
by Luke Quinnell Self-Managed Superannuation Funds (SMSFs) are subject to strict compliance obligations. For trustees who hold property within their SMSF, one of the most important—and often misunderstood—responsibilities is ensuring the property is reported at its market value every financial year. While many in the industry still refer to an outdated “three-year valuation rule,” property […]
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Proposed Superannuation Changes: What You Need to Know
by Luke Quinnell Since the election, the government’s proposed changes to superannuation have received heavy coverage in the mainstream media, with many commentators voicing concern. While most people agree that imposing extra tax on super balances over $3 million is reasonable, there are three highly controversial elements: Tax on Unrealised Gains: This means being taxed […]
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Super Guarantee Payments – How To Stay Out Of The ATO’s Crosshairs
by Luke Quinnell The ATO highlights that they “take a firm approach on the non-payment of super”, and this applies even if you are the only employee of your business! Here’s how to stay out of the ATO’s crosshairs. We have noticed a substantial increase in ATO compliance action around superannuation guarantee payments. With the […]
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How To Buy Property In An SMSF: Jye Joins The Australian Property Show Podcast
Our Director of Finance Broking, Jye Smith, was recently invited onto the Australian Property Show with Tom Haigh. In this two-part episode, Jye discusses: The strategy investors are turning to help pay off their mortgage 10-15 years early How to borrow money to buy investment property in a self-managed super fund (SMSF) The best options […]
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How To Ensure Your Wishes Are Met When Leaving A Legacy
As a financial adviser, part of my job is to help my clients plan for their future, and that includes planning for what happens to their Superannuation when they pass away. Let’s investigate this intriguing topic. Cracking the Superannuation Code First things first, your superannuation isn’t automatically included in your Will unless you have given […]
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