You’ve made it through the financial year and navigated the new superannuation laws that took effect on 1 July 2017 but there is one thing you should always think about and that’s your investment strategy. Additionally, there is no better time than right after a financial year ends where you can review your self managed super fund’s (SMSF) investment strategy and its performance. Read More
Should my spouse and I act as trustees for our SMSF or should we have a company? Members obligation - All SMSF members must be either Trustees as individuals or directors of the company acting as Trustee. Benefits of Corporate Trustee - A Corporate Trustee of a single member fund will only require one director. Corporate Trustees are generally recommended notwithstanding the additional expense in establishment and administrative costs. Read More
Sounds tempting? There are so many rules to consider including the sole purpose rule, the inhouse asset rule, limited recourse borrowing, and what business real property is defined as. Read More