by Guy Wuoti | Fri, Apr, 2020 | SMSF Gold Coast, Borrowing, Property, Tips and traps
The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a related party loan and is impacted due to the financial effects of COVID-19, you may be able to provide your LRBA with relief...
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...
