Apr 24, 2025 | Self Managed Super Funds, Superannuation
Learn about SMSF auditing to ensure compliance and secure your financial future from an SMSF Specialist, Deidre Molloy. Discover the benefits of partnering with TSP Accountants today. As a Director at TSP Accountants and Business Advisors, I’ve seen how...
Oct 15, 2024 | Self Managed Super Funds, Superannuation
Self-Managed Super Funds (SMSFs) are becoming an increasingly popular option for Australians looking to take control of their retirement savings. But while the idea of managing your own super sounds appealing, it’s not a decision to be taken lightly. There are a range...
May 9, 2024 | Self Managed Super Funds, Small Business, Superannuation
The ATO has issued a warning to trustees of SMSFs about sloppy valuation practices. ATO data analysis has revealed that over 16,500 self managed superannuation funds (SMSFs) have reported assets as having the same value for three consecutive years. With many of these...
Mar 25, 2024 | Self Managed Super Funds, Small Business, Superannuation
A major update to the SBSCH means perfect alignment between employees’ super details and those recorded by the ATO will be critical, says the SMSF Association. The SMSF Association has emphasized the significance of ensuring that employees’ superannuation...
May 15, 2023 | Budget 23/24, Self Managed Super Funds, Small Business, Superannuation, Taxation
What will impact you in the new budget? The Federal Treasurer Jim Chalmers handed down the 2023 Federal Budget on 9 May 2023. This budget and the measures within it are designed to reduce the cost of living. The Budget also includes $3 billion to relieve energy bills,...
Apr 14, 2023 | Self Managed Super Funds, Superannuation
The role of an approved SMSF auditor is an important one. SMSF Trustees are required to appoint anapproved SMSF auditor to audit their Fund each year. What does the audit involve? The approved SMSF auditor is required to audit, not only the financial statements of the...
