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Categories | SMSF deeds

Honey-I-lost-the-deed

Honey, I lost the deed!

The question seems simple enough — what should you do when the trust deed for a self managed superannuation fund (‘SMSF’) is lost? The answer to this question is becoming increasingly important as more and more trust deeds are being misplaced or lost. This article offers a solution that may be appropriate for some SMSF [read more]

SMSFs-buying-overseas-property

SMSFs buying overseas property – tips & traps

Introduction Overseas property investment may appear attractive to many; such as an investment in an apartment in Paris, a Balinese beachfront villa, or a ski chalet in Colorado. However, when an SMSF is the purchaser there are a number of compliance tips and traps to navigate. SMSF trustees can purchase property either by an outright [read more]

Excess-Contributions-Tax-latest-developments

Excess Contributions Tax — latest developments

Overview This article provides a brief summary of the excess contributions tax (‘ECT’) regime. It also summarises the latest developments including the May 2014 Federal Budget announcement, the latest statistical information and covers several key recommendations made by the Inspector-General of Taxation (‘IGT’). Brief summary The ECT regime was introduced in July 2007 as a [read more]

The-deficiency-in-many-SMSF-deeds

The deficiency in many SMSF deeds

The decision of EM Squared Pty Ltd v Hassan [2010] SASC 62 has absolutely critical implications for SMSF succession planning, yet few have ever heard of it. (The case is also sometimes cited as Re Australian Motors SA Pty Ltd Staff Superannuation Fund.) This article seeks to detail the vital messages of the case. In [read more]