Self-managed superannuation fund annual return

Self-managed superannuation fund annual return

What is a SMSF annual return? The self-managed superannuation annual return (NAT 71226) comprises your income tax reporting, regulatory reporting and member contributions reporting. SMSF Annual Return (also known as SMSF Tax Return or SMSF Return) You must lodge an SMSF Annual Return every year. An SMSF Return reports income, contributions, levies and regulatory information […]

SMSF account Australia

SMSF account Australia

What is SMSF, and How is it work? Before we talk about the SMSF account in Australia, let’s first learn more about SMSF. An SMSF or Self-Managed Superannuation Fund is controlled and managed by the members of the fund.  In this way, the members as trustees decide how the fund is managed, its investments, and […]

SMSF auditor in Australia

SMSF auditor in Australia

Who is the SMSF Auditor in Australia? SMSF auditor in Australia must keep their information in the ASIC register. The information contained on the SMSF Auditor Register is made available to the public to be searched through the ASIC Connect website. Anyone who runs a self-managed super fund (SMSF) should ensure that an annual registered […]

Financial advisor job requirements in Australia

Financial advisor job requirements in Australia

What are the job requirements for a financial advisor in Australia? You may be wondering what the financial advisor job requirements in Australia are like? Well, in this article, we want to make you more familiar with this job and its conditions. Stay with us…Financial advisers and planners in Australia need to meet the minimum […]

Investing with SMSFs

Investing with SMSFs

How to invest with SMSFs? Investing with SMSFs is a way to finance in the future. Establishing a self managed super fund (SMSF) places you in control of your superannuation investments. To invest successfully, you must determine your goals and pick effective and appropriate investments to help you achieve them. A key SMSF investment advantage […]

Australian Taxation Office

Australian Taxation Office (ATO)

ATO: The Australian Taxation Office (ATO) is an Australian statutory agency and the Australian Government’s main revenue-raising body. The ATO is responsible for managing the Australian Federal Tax System, pension laws and other related matters. ATO are within the portfolio of the Treasurer of Australia and the Treasury. As the Australian government’s principal revenue collection […]

SMSF auditor obligations

SMSF auditor obligations

what is SMSF auditor obligations? If we want to talk about smsf auditor obligations we should say that as an SMSF auditor, it’s your role to carry out the annual financial and compliance audit of an SMSF’s operations and to provide the Self-managed superannuation fund independent auditor’s report (NAT 11466) approved form to trustees within […]

smsf association in Australia

SMSF association in Australia

what is the SMSF association in Australia? The SMSF Association in Australia is the independent body representing Australia’s self-managed super fund sector.  With over 1.1 million Australians now self-managing their super, the SMSF Association’s vision is to enable Australians to take greater control of their own destiny through a sustainable SMSF community. We can give […]

Self-managed super funds (SMSF)

Self-managed super funds (SMSF)

Self-managed super funds (SMSFs) are a way of saving for your retirement. The difference between an SMSF and other types of funds is that the members of an SMSF are usually also the trustees.  This means the members of the SMSF run it for their benefit and are responsible for complying with the super and […]

SMSF

COVID-19 Early Release in SMSF

As many of you are aware by now, COVID-19 has turned the world on it’s head and thrown the Global Economy into a deep recession and has changed the lives of millions of people around the World. A self-managed super fund (SMSF) is a private super fund that you manage yourself.SMSFs are different to industry […]