Super Technical Updates 

 

Removal of Franking Credit Refunds - Driving Fear into the Heart of Trustees

February 14, 2019

In the lead up to the Federal Election one item that has sent a shiver of fear through SMSF Trustees is the proposed removal of franking credit refunds.  This announcement, first made in early 2018 was an early prelude to a campaign measure by Labor in light of this years Federal Election. While this reform is…

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Trustee Responsibility

November 26, 2018

When a Trustee is not solely responsible, how does it impact Accountants and Auditors? Two recent court cases, Cam & Bear and Ryan Wealth, each considered whether the actions of the SMSF auditor were appropriate in light of the investment activity that each SMSF undertook. Cam & Bear saw the Fund provide money to a…

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Do you Really Need $1m to Start a SMSF?

October 7, 2018

TAG financial planning

Unless you’re a millionaire, is a SMSF worth it for you? There has been a lot of talk in the media recently, driven largely by the uncovering’s of the Royal Commission as well as the Productivity Commission findings, surrounding the appropriateness of Self-Managed Funds. Do you need $1m in super to have an SMSF? If…

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