SMSF Strategy Guide: Online Library

Introduction

SMSF Education
Smsf strategy guide: Online library

Learn SMSF rules & strategies

What is it?

Our SMSF Strategy Guide is an online library of easy-to-follow reference material that trustees can refer to when they need to know what they are allowed to do in an SMSF, and what strategies can be deployed. We update this information (and let you know via our member emails) when laws or ATO determinations change.

For ease of use, we have grouped the content into 3 main categories. First, money is contributed in, then money is invested while inside the SMSF, and eventually money comes out. By grouping in this way, you can easily find the specific topic that you need information on.

Contributions going in your SMSF

Contribution Rules & Limits

  • What are the age limits and work tests for contributions?
  • What are the different types of contributions?
  • Contribution limits / caps
  • Refunds of excess contributions

Taxation

  • Contributions tax on concessional contributions

Concessional Contribution Strategies

  • Salary sacrifice
  • Carry forward of un-used concessional contributions cap
  • Splitting your concessional contributions with your spouse
  • 30 June suspense account strategy

Non-Concessional Contribution Strategies

  • Move a large amount into your SMSF with the NCC bring forward
  • Get a Government co-contribution (if eligible)
  • Get up to $540 tax offset for an eligible spouse contribution

Other Contribution Strategies

  • Downsizer contribution

CLICK HERE TO LEARN MORE

Investment rules & insurance in your SMSF

Investing Rules

  • The sole purpose test
  • Investment restrictions
  • The use of reserves
  • Borrowing in a SMSF (LRBAs)

Insurance

  • Insurance inside your SMSF

    CLICK HERE TO LEARN MORE

    Benefits coming out of your SMSF

    Benefit Rules & Limits

    • What are the preservation rules
    • The transfer balance cap

    Retirement Strategies

    • The transition to retirement pension
    • The account based pension
    • The re-contribution strategy

    Estate Planning

    • Estate planning in your SMSF
    • How benefits can be paid, and who is a beneficiary
    • Taxation of SMSF estate benefits

      CLICK HERE TO LEARN MORE

      Register for our FREE newsletter to receive investment insights, education, and SMSF trustee updates