SMSF anti-detriment reserving strategy reborn?
Estate Planning / SMSF / SMSF Strategy

SMSF anti-detriment reserving strategy reborn?

The changes to excess concessional contributions from 1 July 2013 have certainly been a popular outcome for both professionals and individuals who have endured ECT breaches due to the ever-changing contribution caps. As is typically the case, legislative change opens new strategy doors, or in some instances, re-opens once popular strategies.  This is certainly the … Continue reading »

Announcements / Estate Planning / Events / Pensions / Professionals / SMSF / SMSF Strategy / Webinars

Register for anti detriment webinar

I am pleased to announce the next SMSF Academy InPractice webinar on “Using an anti-detriment strategy effectively within a SMSF”. This one (1) hour webinar will work through: How the anti-detriment tax saving amount is calculated, including discussing the ATO’s recent view’s on this matter; Why it’s now very important to consider claiming an anti-detriment payment … Continue reading »

Estate Planning / Professionals / SMSF / SMSF Strategy

Anti detriment is back as a popular strategy for SMSFs

The use of anti-detriment within SMSFs as a strategy has been stymied over the past couple of years since the Australian Taxation Office (ATO) indicated that any allocation from a reserve for the purposes of paying this tax saving amount was to be counted as a concessional contribution.  Subject to the amount of the allocation, … Continue reading »

Professionals / SMSF / SMSF Strategy / Trustee education

Top 10 SMSF strategies for 2011

A Happy New Year to all my readers… The 2010 year left behind an indelible mark for the self-managed super fund industry; much of it due to the key recommendations of the Super System Review (Cooper Review). The year ahead will see the beginnings of a new framework in which trustees and SMSF service providers … Continue reading »

Professionals / SMSF / SMSF Strategy / Trustee education

A family super fund or a family feud?

The concept of the family super fund (FSF) has started to enter the vocabulary amongst SMSF trustees and advisers over the past year as a way to bring together family members to invest and manage their total wealth. The focus of the family super fund concept is to provide for not only the members today, but … Continue reading »

Professionals / SMSF / SMSF Strategy / Trustee education

Important questions in developing an SMSF estate plan

A lot of time is spent by trustees and professionals alike developing wealth through strategies and investment choices.  But far to often we see a lack of estate planning ultimately undo all the hard work that has been achieved over the life of the fund. Case law such as Katz vs. Grossman and Donovan vs. … Continue reading »

Professionals / SMSF / SMSF Strategy

10 things you need to know about using SMSF Reserves

There appears to be a great deal of mystery surrounding the use of reserves inside a SMSF.  Whilst many thought the abolition of RBLs was the death of SMSF reserves, this is certainly not the case.  For SMSFs, there are a range of strategies available that can utilise reserves to deliver exceptional client outcomes. Section … Continue reading »