Only SMSF to my knowledge: https://www.vanguard.com.au/personal/en/eligibility Although I believe some industry funds provide access to a limited...
Scum. More details from ASIC: "Mr Robin caused a series of unsecured fixed interest notes offers to be made to approximately twenty of Protect...
No one can be sure of what his intentions were but him. The fact the Tax Practitioners Board used the words "sustained and systemic" says a lot...
Your strategy is sound at a high level. Ideally when the NC contributions hit your wife's account, a pension should be commenced immediately to...
Not sure if anyone actually answered your original question, but yes, it's OK to sell shares personally (triggering a capital gain / loss in the...
Agree. Surprising how many advisers are still % based (although might say it's 'fee for service').
Agree. Typically $3k - $4k for something of this level in my opinion.
The ATO recently released a detailed bulletin on SMSFs and property development: Legal Database The above link specifically addresses your...
You can have as many bank accounts as you like. Some people can get away with a single account that is used for everything, others need a couple....
Your SMSF can buy property as part of it's investment strategy. It can even borrow to buy property, but PLEASE seek professional advice on how to...
I always groan when I get about people investing in crypto via an SMSF - but that’s mainly because it can make the accounting work harder if the...
Hi Sue This is a complex area. Your accountant should be able to generate a report from their software showing the breakdown upon request. If...
You should seek an appointment with a Centrelink Financial Information Officer as a starting point - they know the rules well and will give you...
Hi Dom, Money in super - whether an SMSF or industry fund like Hostplus is still locked up until retirement - so no accessing any dividends etc....
Hey Mad, Seems like you have a pretty good handle on the tax implications. You've not provided your personal taxable income, however you do seem...
I would take the win. If you feel obliged, report his conduct to his professional association. SM
Hey SJ, I am currently writing an article on why accountants need to lift their game when it comes to SMSFs - and this is a perfect example of...
Hi Chif, My mate Liam Shorte the SMSF Coach recently wrote a detailed article about all the benefits of splitting which may answer your...
Hi Dissed, You need to seek some advice. Not only do I think you should start a pension, I think you should have two - one with the amount...
Hi Dave, Yes - you make a good point. Many accountants only lodge the return for their own SMSF - which does skew the figures a little. It is...
Separate names with a comma.
