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Tips and traps for SMSFs when moving auditors

  The start of the SMSF audit season can also be the time of year that people consider whether they want to change their audit provider — generally from the beginning of the new financial year to after the end of August. There can be various reasons why an SMSF service provider such as an

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SMSF advisers: Be sure you avoid this new year’s day hangover

  A deadline that many SMSF professionals may have lost sight of is fast approaching — 1 January 2019. This is when new educational requirements for SMSF advisers start, and the Financial Adviser Standards and Ethics Authority (FASEA) takes over setting the educational and ethical requirements to be a financial adviser. Other important dates to

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SMSFs: Here’s an updated toolkit of ATO forms you’ll need

  SMSF trustees may find that occasionally a particular form is needed to be able to complete an administrative task for the ATO. Rather than have you searching the vast labyrinth of the ATO’s website for SMSF forms, we thought it helpful to list some of the required forms here (you could even bookmark this

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Forced unwinding of your LRBA? Best to have a contingency plan

  Limited recourse borrowing arrangements (LRBAs) were once all the rage in SMSF land. However, with the tightening of banking rules this frenzy has begun to abate somewhat over the last few years. LRBAs are great in a growing market as they allow an SMSF to grow the value of assets it holds in the

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