The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a property and a tenant in financial distress, you may be able to provide your tenant with rental relief under an agreed commercial arrangement. This may even be the case when the tenant is [...]
Earlier this year BISSuper had the pleasure of taking part in the Investment Trends “2019 Self Managed Super Fund Survey”. The survey primarily examined the roles played by accountants and planners in assisting Trustees to manage their SMSF’s. A number of interesting statistics were also uncovered which demonstrate that the popularity of SMSF’s doesn’t appear [...]
“Does your SMSF currently only have single major asset? If so, you may be in the sights of the ATO. Their rationale is that a single asset SMSF may be too risky, having all of your “eggs in one basket”, and therefore not sufficiently diversified! It is not going to be news to anybody, but [...]
