Self-Managed Super Funds

August 3, 2015 9:34 am

What You Need to Know About Self Managed Super Funds


SMSFs are private funds that – as the name suggests, funds that you can manage yourself. Of course, this type of funds are regulated and should follow rules set by the Australian Taxation Office. But, what exactly is a Self Managed Super Fund? SMSFs at a glance SMSFs are investment funds that should be established for the sole purpose of providing retirement benefits to its members. Each member of the fund is called a trustee, and are entrusted with legal duties governed by the ATO. SMSFs can have up to four members. SMSFs vs. other Super Funds Here’s a table [...]

What You Need to Know About Self Managed Super Funds2023-03-03T00:01:37+10:00

October 17, 2013 12:22 pm

Would You Use Your SMSF to Invest in Commercial Property?


Using SMSF's have been the method of choice in property investments, with the advent of the residential property boom. This has caused widespread talks of a property bubble, as most of SMSFs are invested in the residential sector, prompting experts to call for investment diversity. With the popularity of residential investments, is this a good time to consider investing in commercial property? The residential sector can gain as much as 5% from rental income, around 4% or lower after expense. With commercial investments, the yields can go as much as 9% depending on the business type and demographics. One big [...]

Would You Use Your SMSF to Invest in Commercial Property?2015-11-13T18:41:22+10:00

Are Your SMSF Contributions Taxed Correctly?


Here’s a great way to understand how you are taxed on your SMSF. Your SMSF contributions, whether it is concessional or non-concessional has a dollar cap applied annually. Your contribution cap is also covered by Indexation starting July 2014. This is an adjustment on your contributions based on your weekly income. Understanding this will avoid any excess in your SMSF contributions. Making sure that your contributions are just about right will avoid benefits from being neutralized, and the member is liable in paying an excess concessional contribution charge. For non-concessional contributions, the tax rate is at 46.5%. Knowing where you [...]

Are Your SMSF Contributions Taxed Correctly?2023-03-03T00:01:42+10:00

September 23, 2013 3:59 pm

Super Funds Surging Ahead


Super funds are experiencing a strong year. As of June 30, 2013, total estimated assets rose by 15.5% from the previous year, posting a record $1.6 trillion for the first time since the global financial crisis. Breaking down the superannuation asset types: Small funds, such as SMSFs, single member and APRA funds, which hold the largest market share at 31.5%, posted a 3.7% increase from the previous year, a strong indication that there is a strong demand for these asset types. Retail funds comprise 26% of the market share, with a 0.9% increase, followed by the Industry sector holding a [...]

Super Funds Surging Ahead2023-03-03T00:01:43+10:00

January 7, 2013 4:04 pm

Protecting Your Assets to Ensure Long-Term Wealth


Ask any ordinary person what the Global Financial Crisis meant to them personally, and you are likely to hear that the value of their superannuation decreased significantly. In many countries and some parts of Australia, property values decreased also. As you work to grow your investment portfolio, whether superannuation, property, or other financial products, it’s important that you have a plan to protect your investment. Protecting your investments comes under the general heading of ‘asset protection’. ‘Asset protection’ refers to the methods available to protect your assets from liabilities arising elsewhere. For example, if you have a mortgage, your home [...]

Protecting Your Assets to Ensure Long-Term Wealth2023-03-03T00:01:43+10:00
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