Services for Accountants
SMSF Advice
If you are looking for a SMSF Advice Solution for your clients, Michael Dietrich is a financial planner and authorised representative of Lifespan Financial Planning Pty Ltd. Lifespan is the privately owned and operated holder of an Australian Financial Services License.
SMSF Outsourcing
Discover Super provide back office SMSF solution customised to meet your firms individual needs. As SMSF services is all we provide, we are trusted by accounting firms throughout Australia to get the SMSF Compliance Documentation right the first time.
SMSF Audit
SMSF Audit services has been the core focus of our business since inception in 2003 and our clients believe that we are a valuable resource to their business. The SMSF information for audit can either be sent to us via mail or uploaded electronically via a SMSF Share File.
2018 Federal Budget
The definition of a SMSF will be changed to have a maximum number of members from the current 4 to 6. This may provide opportunities for family’s or business partners to expand there SMSF’s giving greater flexibility to the structure. Note: Cooper Grace Ward Lawyers have recently pointed out that Trust legislation in Queensland, New South […]
Classic Car in your SMSF
Is a Classic Car allowed as a SMSF Investment? I received an email the other day which asked. Are we able to purchase a classic car within our super still? Classic Cars can be purchased by a Self-managed Superannuation Fund (SMSF) provided they provided they are purchased and held in accordance with the superannuation legislation. Firstly, […]
the new $1.6 million transfer balance cap
Amongst those changes introduced in the 2016 Budget was the $1.6 million transfer balance cap which limits the tax exemption for assets funding superannuation pensions. This new limit on superannuation will apply from 1 July 2017 and creates additional responsibilities for SMSF trustees. The main issues you need to be aware of are: All super fund […]
Time to think about Capital Gains Tax Relief
The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst the changes was legislation which provides CGT relief for members who are transferring assets out of retirement phase in 2016/17 to comply with the changes. In essence, the legislation allows you to reset the cost bases of assets in […]