Category Archives: SMSF Basics – all to know

SMSF Basics – What is involved in Running your SMSF (Self-Managed Super Fund)

After setting up your Self-Managed Super Fund, there is quite a list of on-going tasks involved in running your SMSF, covering administration, investment strategy and implementing it, compliance, insurance and pension stage responsibilities. (a)   Administration tasks Some of the many … Continue reading

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SMSF Basics – What is the minimum amount for a self-managed super fund?

There are many views on what is the minimum amount for a self-managed super fund to have to make it worth the effort. It will cost money, like the fees already paid in commercial retail and industry super funds! They … Continue reading

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SMSF Basics – The tax benefits of investments in super

Placing  investments from outside your SMSF into your SMSF can produce significant results due to the tax benefits of super.  For example if you have investments in your personal name valued at $300,000.  If you are on the top marginal … Continue reading

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SMSF Basics – Early Release of Super – What is allowed?

The Australian Tax Office (ATO), Department of Human Services and Monet Smart websites all supply information on certain circumstances where it may be possible to gain early release of your super – From the ATO site – There are very limited … Continue reading

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SMSF Basics – What is involved in Running your SMSF (Self-Managed Super Fund)

After setting up your Self-Managed Super Fund, there is quite a list of on-going tasks involved in running your SMSF, covering administration, investment strategy and implementing it, compliance, insurance and pension stage responsibilities. (a)   Administration tasks Some of the many … Continue reading

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SMSF Basics – How an SMSF is set up

Setting up an SMSF is an important decision and has several considerations BEFORE you decide an SMSF is for you, or have had discussions with your financial or tax agent advisor and conclude an SMSF may be a suitable part … Continue reading

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SMSF Basics – Overview of SMSF from ATO statistics

The popularity of Self-Managed Super continues to grow – is it suitable for you? ATO Statistics December 2014 – 545,000+ SMSF’s in Australia – 1,034,000+ members – $568+ billion in SMSFs (Total Aust & Overseas assets) – Number of Members … Continue reading

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