Advanced search

Top Navigation

SMSF Newsfeed

dba-lawyers-succession-planning-sfsf-bdbn

Succession Planning Webinar

On Friday 5 August 2022, Bryce Figot, Special Counsel of DBA Lawyers, will be presenting an SMSF Succession Planning Webinar. Bryce will present a face-to-face practical, step-by-step guide on how to ensure that a member’s SMSF benefits are appropriately dealt with upon their incapacity or death. It is designed for financial planners, accountants, auditors, SMSF [read more]

398827241

Employee or contractor –– High Court focus on contract v. multi-factors –– Part 2

The law in relation to who is an employee or independent contractor has developed over many years both here in Australia and overseas. Several recent Australian High Court decisions provide greater clarity on this distinction which we discuss below. Employee v contractor ­­– PAYG & SG – Part 1 Note that this is the second [read more]

452410719

Tasmania introducing foreign person land tax and duty changes

Overview The Tasmanian Government has recently introduced legislation to impose a Foreign Investor Land Tax Surcharge, a commitment from the 2021 state election. There has also been legislation introduced that would amend the Foreign Investor Duty Surcharge for Tasmania. This article acts as a brief simplified overview as there are complexities that must be considered [read more]

bryce_cartoon

SMSF Association 2022 National Conference

The SMSF Association 2022 National Conference was held last week in Adelaide. I commend the SMSF Association for putting on such a great conference event, not just this year but every year! This year was particularly enjoyable being a back ‘in person’ event. At this year’s conference, Daniel Butler, Shaun Backhaus and I presented sessions. [read more]

1714416595-huge-min

What to watch out for when an SMSF trustee is deregistered

Overview A corporate trustee is strongly recommended compared to individual trustees. However, issues can arise if the company’s compliance slips, and the company is deregistered. We examine a case here to showcase the issues that can arise where the remaining fund member died without a will and without any succession plans in place for the [read more]

new-pension-laws

New pension laws just made!

On Monday 4 April 2022 the Government made new laws impacting pensions (see the Treasury Laws Amendment (Allowing Commutation of Certain Income Streams) Regulations 2022 (Cth)). Those in particular with legacy pensions should pay close attention! Over 200 years ago, on 7 March 1795, English newspaper The Hull Advertiser announced that ‘[t]he licence to wear hair [read more]

Money,Bag,With,The,Word,Pension,And,Tape,Measure.,Fall

Exiting certain legacy pensions — new strategic opportunity!

New laws provide a strategic opportunity for exiting certain legacy pensions. We will cover this opportunity in great detail in a webinar to be held at 12 noon (AEST) Thursday 28 April 2022. Those who can’t attend can watch a recorded version. To register visit https://attendee.gotowebinar.com/register/3108445138265877264 In this article we detail the preliminary ‘ins and [read more]

Your guide to an SMSF exit plan

Planning your exit: a guide to SMSF succession planning — Part 2

This article is part of a series of articles on SMSF succession planning. In Part 2 of the series we examine the tax considerations that arise in relation to paying superannuation death benefits comprising a taxable component. We also consider the options and pitfalls associated with planning to make a timely payment of benefits to [read more]