SMS Magazine

selfmanagedsuper provides the latest #SMSF industry developments from compliance, strategic, technical, investment and practice management perspectives

[SMS Magazine @smsmagazine]

#ArticleOfTheWeek: When benefits cease being ‘super’

Terminally ill SMSF members are commonly considering pre-death withdrawal strategies. William Fettes analyses the complexities involved with such an approach in light of a recent legal decision.

Read the full article: https://t.co/tC9oOjJEss

#SMSF #Superannuation #smsmagazine #Super #Strategies #Legal

[SMS Magazine @smsmagazine]

Join @DTCsmsf for a quick roundup of this week’s most important SMSF news in the latest edition of The Week That Was — keeping you up to date on what really matters.

Proudly sponsored by @Colladium – Keep your clients' SMSF contributions flowing with Colladium’s SMSF Gateway. Find out more: https://t.co/fmQxc2jwfD

Explore the full archive of our quarterly magazine: https://t.co/GjQcpEg82M

Want more insights? Subscribe to our daily newsletter: https://t.co/cTTAvCkNZV

🎧 Tune in now and never miss an update!

#SMSF #selfmanagedsuper #superannuation

[SMS Magazine @smsmagazine]

#CrossCountrySuperPodcast: 🎙️ 🎉 Episode 27 Released!

In this episode, publisher and editor of smsmagazine, Darin Tyson-Chan and Cooper Partners director Jemma Sanderson talk about the finer elements of exempt current pension income.

📺 Watch the full episode here: https://t.co/SeHVqOUNhk

Need a current or retrospective valuation for financials, pensions, or related party transactions? SMSF Property Valuations delivers audit-ready reports with documented methodology, quick, easy, and fully compliant. Order online today at ⁠https://t.co/qAYcMUqnL0

🎧 Prefer listening? Tune in on your favourite platform:

👉 Spotify: https://t.co/Kbg8VL2RIF
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#SMSF #Podcast #CrossCountrySuperPodcast #SMSF #financialplanning #financialservices #superannuation #pensions

[SMS Magazine @smsmagazine]

The SMSF Association has recommended caution be exercised regarding the amendment to the minimum pension shortfall self-assessment rules. https://t.co/pF5TtObSOJ

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine #SMSFA #Pensions

[SMS Magazine @smsmagazine]

The new CGT regime proposed in the budget will diminish the value of personal deductible contributions as a way to reduce tax for superannuants. https://t.co/GB9sRM0lxB

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine #CGT #Tax #Contributions #budget

[SMS Magazine @smsmagazine]

Reversionary pensions may be useful in creating a fixed end date for Division 296 liabilities of deceased members of an SMSF. https://t.co/4uMTl125oM

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine #Division296 #Pensions

[SMS Magazine @smsmagazine]

The age limit dictating whether an individual is eligible to make a non-concessional contribution to their super fund is enforced firmly. https://t.co/mxMQfSXcRP

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine #Contributions #superfund

[SMS Magazine @smsmagazine]

📣 Latest Selfmanagedsuper newsletter is out now! Get it here 👉 https://t.co/gVbWJE1HDx

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation

[SMS Magazine @smsmagazine]

📷 NEW VIDEO RELEASE! Investing in the value chain

@GlobalXETFs senior investment strategist Billy Leung discusses why investing in the value chain, rather than single stocks, in new technologies can benefit investors.

📺 Watch the full video here: https://t.co/wXOc9KlLlL

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine #GlobalX #ETF #Investment #Stocks #Investors #technology

[SMS Magazine @smsmagazine]

The SMSF Association has indicated poor and unlicensed advice is in the main responsible for risky lead generation activity. https://t.co/lexWsWWtKO

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine #SMSFA #financialadvice

[SMS Magazine @smsmagazine]

The new CGT calculation methodology contained in the federal budget will have an effect on the small business concessions related to that tax. https://t.co/AByAbRPT3X

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine #CGT #CapitalGainTax #Tax #FederalBudget

[SMS Magazine @smsmagazine]

Late-lodging SMSFs should be called on to act quickly to avoid Payday Super bumping their employer contributions into another fund. https://t.co/dHeLxiKdaQ

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine #Compliance #PaydaySuper

[SMS Magazine @smsmagazine]

Budget changes will end the use of ‘bucket companies’, with advisers urged to look at super as the leading tax vehicle. https://t.co/GKA62KPaRc

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine #Trusts #Budget #tax

[SMS Magazine @smsmagazine]

📣 Latest Selfmanagedsuper newsletter is out now! Get it here 👉 https://t.co/8ohgPMZGXU

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation

[SMS Magazine @smsmagazine]

SMSF members should not use Division 296 tax mitigation as a singular reason for delaying the commencement of a reversionary pension. https://t.co/IVUnm3Spts

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine #Deathbenefits #Division296 #Pensions

[SMS Magazine @smsmagazine]

An SMSF as a related-party fund won’t alter requirements for SG contributions to be paid to it within seven days under the Payday Super rules. https://t.co/9phquntNlH

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine #PaydaySuper #SG

[SMS Magazine @smsmagazine]

The Super Members Council has argued against the inclusion of any type of superannuation fund in the CSLR levy. https://t.co/xwopoVCtFa

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine #SMC #CSLR

[SMS Magazine @smsmagazine]

ATO private rulings have shown the regulator is tightly applying the criteria to claim someone is a death benefits dependant. https://t.co/9tSx7PuP2S

#SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine #ATO #DeathBenefits