by Guy Wuoti | Wed, Oct, 2020 | SMSF Gold Coast, Adviser, Investments, SMSF News, SMSF Options, SMSF Setup, Tax
The 2020-21 Federal Budget is all about jobs, jobs and jobs. COVID-19 has resulted in the most severe global economic crisis since the Great Depression. This Budget provides an additional $98 billion of response and recovery support under the COVID-19 Response Package...
by Guy Wuoti | Mon, Jun, 2020 | SMSF Gold Coast, SMSF News, SMSF Options, Tips and traps, Trustee
Yes I know, once again the end of the financial year (EOFY) has snuck up on us faster than it should and 2020 could easily be the year of all years to ask for a tax planning leave pass. Before we throw in the towel however, the team at SMSF Options have been busy...
by Guy Wuoti | Wed, Apr, 2020 | Property, SMSF Options
The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a property and a tenant in financial distress, you may be able to provide your tenant with rental relief under an agreed...
by Guy Wuoti | Fri, Mar, 2020 | SMSF Options, Accessing your super, SMSF News, Tips and traps
What a changed world we are living in as we all try to navigate the challenges arising from the current Coronavirus Pandemic, including protecting the health and safety of our friends and family, and the viability of our businesses, employment and investments. While...
by Guy Wuoti | Mon, Mar, 2020 | Accessing your super, SMSF News, SMSF Options, Trustee
In response to Coronavirus (Covid-19) public emergency that is sweeping across the world, the Australian Government is allowing individuals affected by the virus to access up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21. While...
by Guy Wuoti | Thu, Feb, 2020 | SMSF Options
The life cycle of a SMSF, in most cases is based on a long-term plan that may include an unexpected event(s) such as illness, incapacity or death of a member. How do we deal with these events when we have illiquid asset such as a property, if a member died for...