If you are aged 65 or over (but under the age of 75) you can make voluntary super contributions providing you have been gainfully employed during the financial year.
Following the July 1 changes to superannuation law, the ATO will be focusing on a few key compliance areas in the new financial year.
It can be tempting to try to access your SMSF early when times get hard financially. Find out if your SMSF can give a loan to you or a related party.
It's easy for SMSF trustees to get the wrong idea about operating an SMSF. By dispelling common myths, you can help ensure SMSF compliance.
The transfer balance cap will impact many SMSF trustees, but what can they do to ensure their fund remains compliant after July 1st?
Do your trustees know what can happen if an SMSF fails its compliance audit? The penalties are diverse and can have long-reaching impacts.
Personal use assets and collectables, while incredibly appealing, have to abide by stringent rules when they form part of a self-managed super fund.