Running, or deciding to set up a self-managed super fund (SMSF) gives you control, but it also brings legal responsibilities. The Superannuation Industry (Supervision) Act 1993 (SISA) contains detailed rules on trustee duties, investments, borrowing, payments and recordkeeping. Simply put, you cannot identify or avoid breaches you don’t know exist. For trustees, this should mean education is not optional but rather, is essential for risk management. Why understanding SISA mat

You may have seen the viral headline about a new U.S. tax bill called the One Big Beautiful Bill, but what does it mean for Australian...

Division 296 super tax is a controversial Federal Government proposal to impose an extra 15% tax on some superannuation earnings for...

The amount of money that can be transferred to a tax-free retirement account will increase to $2m on 1 July 2025.

The ATO has made a call to professional accountants to help identify and manage illegal early access to superannuation by members of...

The ATO has issued a warning to trustees of SMSFs about sloppy valuation practices. ATO data analysis has revealed that over 16,500 self...

Australians love property and the lure of a 15% preferential tax rate on income during the accumulation phase, and potentially no tax...