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Superannuation legislation requires Self-Managed Superannuation Fund (SMSF) Trustees to ensure that all super fund investments are carried at market value when preparing financial statements. It is an annual requirement that trustees review the fund’s investments to determine their market value...

Property can be acquired from a member or related party of an SMSF if the property meets the definition of Business Real Property as defined in Section 66 of the Superannuation Industry (Supervision) Act. Section 66 defines business real property as a real or leasehold interest in property used...

BDO provides a highly confidential service to wealthy individuals to assist with business and financial affairs, eliminating the burden of self-managing complex financial situations. We have advisers in Private Wealth, Tax, Superannuation and Business Services who can assist with your needs.

If your Self-Managed Superannuation Fund is not structured correctly, transactions with related parties can place an SMSF at risk of breaching Superannuation Legislation.

From 1 October 2021, Self-Managed Superannuation Funds (SMSF) will be required to utilise an Australian Taxation Office (ATO) electronic service (SMSF verification service) in order to complete a rollover of superannuation monies between a retail or industry superannuation fund (an APRA Fund) and...

Understanding the facts and figures that may impact your Self-Managed Superannuation Fund (SMSF) is important, but it can be difficult to stay up-to-date on the latest numbers. BDO’s Superannuation Factsheet will guide you through the key information you should be aware of to help you better...

Lending options for Self-Managed Superannuation Funds (SMSFs) have been limited for a number of years, following adverse findings by the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

In the 2021-22 Federal Budget, the Government announced that it would relax the residency requirements for SMSFs by extending the central control and management test safe harbour from two to five years and will remove the active member test. The measure will have effect from the start of the...