Impediments to winding up SMSFs
There are some situations where an SMSF is no longer suitable or appropriate for its members. However, it is not always possible to immediately wind up the fund.
Read MoreThere are some situations where an SMSF is no longer suitable or appropriate for its members. However, it is not always possible to immediately wind up the fund.
Read MoreThere are many reasons why individuals choose an SMSF as their primary retirement savings vehicle. However for some, there will come a time when the SMSF is no longer appropriate for them.
Read MoreIdeally retirement is planned and eagerly anticipated. But these are times of unexpected job losses – how does superannuation access work for those over preservation age now?
Read MoreObviously there have been temporary changes to superannuation conditions of release as a result of the pandemic. There have been no changes to the definition of “retirement” but how does this work in a Covid-19 environment?
Read MoreMy client intends to base the tenant's rent relief on the National Cabinet’s Mandatory Code of Conduct – Commercial Leasing Principles. I’m worried providing a rent deferral could cause in-house asset issues for the fund. Am I right?
Read MoreMy client’s SMSF owns units in a non-geared related unit trust which owns property. The trust entered into a contract to sell the property to an unrelated party on vendor finance terms. Is such a transaction permitted under the superannuation laws?
Read MoreEveryone at my work has taken a 20% pay cut as our company is really suffering because of COVID-19. But we still work our normal full-time hours. Will I be able to access my super under the new special rules introduced last month?
Read MoreObviously no-one ever wants their retirement savings to fall in value. But for many superannuation members this is their post January 2020 reality.
Read MoreOn 20 April 2020 applications will open for members seeking to access some of their super under the Government’s new early release rules. Speed up the application process and maximise the amount able to be withdrawn with these 7 steps.
Read MoreJust before Easter, the National Cabinet released a new code of conduct setting out the principles for negotiations between certain tenants of commercial properties and their landlords. The code is relevant to SMSFs in a host of different ways.
Read MoreThe rules in superannuation and SMSFs are changing fast in our current Covid-19 focused world. What are the latest issues?
Read MoreOn 22 March 2020 the Government announced the second of their stimulus packages to support Australia through the economic consequences of the Covid-19. The rules announced today for those suffering reduced incomes are explained here.
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