Superannuation

SMSF Penalties – How Much They Cost, And How To Avoid Them

Self-Managed Superannuation Funds (SMSF) have become increasingly popular over recent years because they offer greater control. This increased control means you can make the fund work better for you. But that control also means you have more responsibilities and, if you fail in those responsibilities, penalties can be applied.

Top Five SMSF Property Investment Mistakes

Over recent years Self-Managed Superannuation funds have become incredibly popular. They give you greater control over your super, which can help you make your money work better for you and your family. With this increase in popularity has come a growing interest in property investments. Those investments are not without their difficulties, however.

When can I access my SMSF?

The simplest answer to the question of when you can access your Self-Managed Superannuation Fund (SMSF) is when you retire and you are at least 60 years old. But there are other things to consider as well, including some special circumstances that allow the money to be released earlier.

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02
Feb2015

Welcome to my blog

Welcome to my blog

02
Nov2016

Qualifications

Recently somebody asked me how many qualifications and post nominals I had. I replied that I don’t know – I’ve lost trac...

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Ben, Have you invented any new words lately?

A correspondent has asked if I have invented any new words. Indeed I have. Procreastation: The tendency to put off doing...

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Ben, what is the greatest waste of taxpayers money?

Thank you for asking this important question. The greatest waste of taxpayers money in history is without doubt the new...

02
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Ben, What is the Mac tax? Is it federal or state?

Thank you for that interesting question. The Mac tax is a tax that is imposed neither by the federal nor the state gover...