Register of SMSF messaging providers From 1 July 2014, self-managed superannuation fund (SMSF) trustees are required to receive both electronic messages and payment when employers make contributions using the SuperStream data and payment standard. Find out moreSMSFs – the SuperStream standard for contributions End of find out more If you are an SMSF trustee, you […]

Changes to insurance provided by SMSFs From 1 July 2014, trustees of an SMSF cannot provide an insured benefit in relation to a member of the fund unless the insured event is consistent with one of the following conditions of release of a member’s super benefits: An insured event covered by a trauma insurance benefit (which […]

Webinar — new compliance treatments for SMSFs In June 2014, we ran a free webinar program about our SMSF compliance approach from 2014, and the new compliance treatments for SMSF trustees which will come into effect on 1 July 2014. In the webinar, we discussed determinants for the compliance treatments and included case studies. The […]

SMSF auditors AS per ATO  : SMSF auditors The super laws require that SMSFs have their accounts, statements and compliance audited each year. The fund’s trustees are responsible for appointing you and must provide you with all the documents you need to do the audit. As an SMSF auditor, it is your role to carry […]

ATO SMSF news Limited recourse borrowing arrangements – questions and answers This document provides general information about our current views on issues that trustees of self-managed super funds (SMSFs) may need to take into account when considering entering into a limited recourse borrowing arrangement (LRBA). It also provides guidance regarding the application of the Superannuation Industry […]

Practical Compliance Guidelines LRBA 2016/15 Income tax – arm’s length terms for Limited Recourse Borrowing Arrangements established by self managed superannuation funds What this Guideline is about 1. When a Self-Managed Superannuation Fund (SMSF) acquires an asset under a Limited Recourse Borrowing Arrangement (LRBA), the non-arm’s length income (NALI) provisions in section 295-550 of the Income […]

Self-managed superannuation fund independent auditor’s report 30 June 2017 You should use this report if you: An approved SMSF auditor is an auditor who is registered with the Australian Securities & Investments Commission (ASIC). ASIC issues each approved SMSF auditor with an SMSF auditor number (SAN). You must include your SAN when completing this report. […]

Self-managed superannuation fund annual return and instructions 2017 You can download the Self-managed superannuation fund annual return 2017(NAT 71226). This instruction guide is not available in print or as a downloadable PDF document. These instructions will help you complete the Self-managed superannuation fund annual return 2017. However, they are not a guide to income tax or superannuation law. Seek […]