News & Insights
Keep up to date with the latest changes, insights and opinions from Heffron's leading SMSF experts. Select a topic of interest or browse our most recent articles.
Big changes for funds allocating reserves
The big challenge with reserves under current law is that unless they are allocated in quite small...
Read MoreNALE – there’s still work to be done
Recent legislative amendments have reduced the tax penalty for some expense shortfalls but not all.
Read MoreLRBA setup costs – does the super fund need to pay for them?
A resounding yes. Let's explore why.
Read MoreDo tax concessions have to match the condition of release?
My client is in their 40s and has accessed their superannuation due to being permanently...
Read MoreSpecial extra tax for $3m super balances – an update
Since Lyn Formica wrote her excellent blog on Tuesday 28 February, Treasury has released much more...
Read MoreShould I wait until I start my pension before I sell assets in my SMSF?
These days, many SMSF members know that their fund stops paying income tax on some or all of its...
Read MoreWant a tax deduction on personal super contributions after 67? Be wary
Although new contribution opportunities up to 75 are exciting for most people, in this case the...
Read MoreTips when managing large payments from super
I recently talked to a client about taking a large benefit from their SMSF. Believe it or not,...
Read MoreMay Federal Budget measures - new Bill introduced
There were several important superannuation measures announced in the May 2021 Federal Budget,...
Read MoreWhy does my auditor keep asking me to revalue SMSF assets?
All self-managed super funds should expect trouble if they are not re-valuing each asset every June...
Read MoreFederal Budget 2021-22: SMSFs & residency
Every year when Budget time rolls around we hope and pray that the Government will finally relax...
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