The do’s and don’ts of the Downsizer Contribution

The do’s and don’ts of the Downsizer Contribution

The downsizer contribution allows individuals, who may be prevented from making superannuation contributions due to their age, work status, contributions caps or their total superannuation balance, the ability to make superannuation contributions using some of the...
Can superannuation funds invest in Gold?

Can superannuation funds invest in Gold?

Investing in gold I am often asked by self managed superannuation fund (SMSF) members if their superannuation fund can invest in gold? When an SMSF member is considering investing in gold or other precious metals, they need to consider whether the investment could...
Can a Self Managed Superannuation Fund receive gifts?

Can a Self Managed Superannuation Fund receive gifts?

When the Federal government first introduced the legal structure of a Self Managed Superannuation Fund (SMSF) into the Superannuation Law on 8 October 1999, it was mainly intended for family members who operated small businesses together.  Due to the Superannuation...
Bitcoins in SMSF

Bitcoins in SMSF

Bitcoin, introduced on 3 January 2009, is an electronic currency known as “cryptocurrency”.  It is a form of digital public money that is created by mathematical computations and policed by millions of computer users called “miners”.  In essence, it is electricity...