SMSF Foundation | Finance

SMSF Foundation

Phone: +61 1800 767 346

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20.01.2022 #thereforyo #supportingourcommunity #pensioners #pension #onecommunity #loveourclients

14.01.2022 $10,000 Early Release from Super applications will be available on MyGov from 20 April 2020 https://www.ato.gov.au//Design-and-implementation-inform/ Eligibility criteria https://lnkd.in/g5Jwvac... Disclaimer: this is not financial advice, rather our interpretation of the government announcements. Please consult your superannuation fund adviser to see whether this is suitable for you.

08.01.2022 Hats off to my amazing clients and colleagues (accountants, auditors, advisers, bankers, etc) & financial services providers in general.. Yes they aren’t front liners, but they have put extreme hours (with uncomfortable working conditions) in the last few weeks supporting you/small business access government stimulus and reduce debt stress and even encouraging mental health awareness.. #financialservices #accountants #loveyouraccountant #firstworldheroes #commitTOexcellence

08.01.2022 Rent Relief for SMSFs with property - the ATO will take no action with temporary rent reduction in 2020 & 2021 financial years for tenants (including related party tenants) affected by CO-VID19 The relief is specific to temporary reduction and no other form of rental relief. While there is currently no indication on what constitutes a reasonable or arms length rent reduction, SMSF trustees are advised to seek personalized clarification based on their circumstances fro...m their SMSF advisor or seek private ruling from the ATO, particularly where the fund has LRBA loan from a related party and/or SISR 13.22C. Follow us for more announcements. Disclaimer: this is not financial product advice, rather our interpretation of the government/ATO announcements. Please consult your superannuation fund adviser to see whether this is suitable for you. #smsf #superannuation #trustees #accountants #auditors