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January 2, 2023

In Australia, a superannuation contribution or super contribution is a contribution by an employer to an employee's retirement smsf pension benefit. This scheme is for all employed Australians to help them to build up and save for retirement. The employee...

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December 16, 2022

Self-managed superannuation fund, popularly known as SMSF, is a type of a super fund that is privately owned and can be managed privately as a trustee. In Australia, the trustees of an SMSF have complete access and control over the...

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January 20, 2022

Some people have the notion that SMSF services are time-consuming and difficult to manage. However, as a small business owner, the benefits are way more in number than the disadvantages. Having an effective SMSF enables you to invest in commercial...

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December 23, 2021

A Self-Managed Superannuation Fund (SMSF) has a similar structure to a trust which primarily focuses on providing financial benefits to members on retirement and their beneficiaries on death. It helps the members of the fund to strategize for their retirement,...

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November 24, 2021

As the name indicates, a self-managed superannuation fund (SMSF) is a private super fund that serves retirement benefits. The main difference of an SMSF from other super funds is that you can manage the trust as a trustee for your...

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September 20, 2021

Auditing is the last phase that needs to accomplish before submission of the self-managed superannuation fund report. At the point when you step towards taking more control of your superannuation, the law seeks you as a trustee and assumes you...

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September 13, 2021

A self-managed superannuation fund or an SMSF is a privately-owned super fund that you can manage yourself as a trustee. And in Australia, an SMSF trustee can have complete control of the overall direction of the self-funded superannuation setup. If...

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August 26, 2021

Once you establish your self-managed superannuation fund, several tasks need to be carried out. The required number of tasks will vary from one fund to the other, depending on the circumstances. But there are particular administrative responsibilities that every SMSF...

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June 1, 2021

Superannuation Funds are a great source of investment for people if appropriately managed. It is essential to form an SMSF deed carefully to avoid having disputes between family about the same. Planning goes a long way when it comes to...

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