My client wants their SMSF to buy shares in an unlisted company. My client won’t control the company so the in-house asset rules aren’t a problem but what else do they need to consider?

My client is a beneficiary of their uncle’s estate. They are wondering if their SMSF can buy an asset from the estate?

The first question is simple – they can. This legislation has passed and takes effect from 1 July 2021. The second question is harder – there are a number of factors to think about before diving into a 6 member SMSF.

I’ve heard SMSF trustees now need to use SuperStream when rolling monies in or out their fund. Is that right? And what does it mean for me as a practitioner?

The Government’s new director ID regime seems to be gathering pace faster than I had anticipated. Is there anything I should be doing right now?

A friend and I are co-directors of a small private business. Surely we’re “related parties” for super law purposes?

I’m an SMSF professional with a number of SMSF clients. There’s been so much noise around NALE issues lately that I’ve lost touch with what I need to be addressing right now and what is still awaiting clarification from the ATO. Please remind me.

My client is the trustee of an SMSF. He’s unhappy with the performance of the fund’s investments and is proposing to undertake a course to improve his investment knowledge. Can his SMSF pay the course fees? If so, would they be tax deductible?

My client recently died. I know superannuation death benefits need to be dealt with “as soon as practicable” after death but how long is “as soon as practicable”?

My client’s SMSF owns a number of properties. The members are aged in their 70’s and want to gift one of these properties to their son. Is this possible?

I’ve taken over an SMSF from another accountant and the prior year financials show a “Deferred Tax Provision 2017”. What is this and when is this tax payable?

My clients applied to register their new SMSF and get an ABN a month ago but it still hasn’t come through. What is the hold up?