We are excited to announce that David Oon has been promoted to Senior Associate at DBA Lawyers. The promotion recognises David’s skill and experience in SMSF law, his attention to client needs and his contribution to industry knowledge and publications, including in an ongoing column in the Financial Review. David has worked at DBA Lawyers [read more]
Establish a new SMSF
Order online now. Includes the necessary documents to establish your self managed super fund.
There is a deduction available under s 295-470 of the Income Tax Assessment Act 1997 (Cth). It is called a deduction for future liability to pay death benefits. Sometimes this deduction is thought of as an accompanying deduction along with s 295-485 anti-detriment deductions. However, a s 295-470 deduction for future liability to pay death [read more]
Introduction Advisers should be aware that there have been recent changes that reduce flexibility in implementing different types of insurance in an SMSF context. From 1 July 2014 regulated superannuation funds can only provide insured benefits consistent with the following conditions of release (subject to certain ‘grandfathering relief’): death; terminal medical conditions (‘TMC’); permanent incapacity [read more]