Category Archives: Masterclass SMSF

Masterclass SMSF – New Tax Year Quick-Plan Guide

Here is a Quick-Plan Guide of essential things to plan ahead for the year with your SMSF: 1.     Employment Super Contributions (Concessional) in the SMSF bank account If you want to claim super contributions in this tax year, organise via … Continue reading

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Masterclass – Ultimate Year End Checklist – 12+12 Tips for EOFY End of Financial Year – start now!

Time is running out – only days left to the End of Financial Year (EOFY). Here is a recap of our posts last and this month, for SMSF and Personal checklists, with an extra notice about cut off dates (item … Continue reading

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Masterclass SMSF – Year End Checklist – 12 Tips for EOFY End of Financial Year – start now!

Time is running out – only days left to the End of Financial Year (EOFY), it’s time to have a review to ensure all is in order and all ACTIONs taken by 30 June deadline, as well as collecting papers, … Continue reading

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Masterclass SMSF – Commutations – What are they and how do they work?

Taking money out of your SMSF super can only occur once you meet certain conditions, such as age and an event like retirement, so then you start an income stream from your super. Once you have the income stream going, … Continue reading

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Masterclass SMSF – What does an “In Specie” Transfer or Contribution mean?

An “In Specie” transfer or contribution is a way of moving an asset into a Self-Managed Super Fund by ownership without having to actually sell the asset for cash. “In Specie” is a Latin term meaning “in the actual form”. … Continue reading

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Masterclass SMSF – What you can and can’t do when borrowing in SMSF (LRBA)

Bryan Ashenden at Money Mangement writes about the can’s and cant’s of borrowing in SMSF- One of the investment opportunities available to self-managed superannuation fund (SMSF) trustees is the ability to purchase an asset using borrowed funds. From the original Instalment … Continue reading

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Masterclass SMSF – Winding up and SMSF – Reasons and what steps are required

Many reasons can lead to a decision to close or wind-up your SMSF – but if a change of trustee is the issue, there may be strategies you can apply to keep the SMSF running, as we wrote HERE. However … Continue reading

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