Related Party Acquisitions in an SMSF
By Daniel Shaw As often is the case, members of self-managed superannuation funds (SMSFs) will have assets held outside of their SMSFs, either personally or in entities they control i.e., related parties. We often get asked whether the member’s SMSF can acquire these assets. This article will provide some further information on whether this is […]
Changes to Non-Concessional Contribution Eligibility
By Daniel Shaw From 1 July 2023, the thresholds in which a superannuation member can make non-concessional (after tax) contributions have been increased due to indexation. Members who are under 75 with a total superannuation balance (TSB) below $1.9m, can make a non-concessional contribution into their superannuation fund up to the annual cap of $110,000, […]
