SMSF Setup, SMSF Audit – iCare SMSF

2024-03-29

Is your Self-Managed Super Fund’s (SMSF) SAR for this financial year due by 15 May? It’s crucial to appoint an auditor at least 45 days prior  to ensure...

2024-03-13

The caps for concessional and non-concessional contributions are set to increase starting July 1, 2024, as outlined below: The cap for concessional contributions...

2024-01-09

iCare Super is your dedicated partner in streamlining the establishment of Self-Managed Superannuation Funds (SMSFs) and ensuring ongoing compliance for...

2023-12-01

 Based on the ATO’s latest statistics on the self-managed super fund (SMSF) sector, as of September 30, 2023, there are 611,961 SMSFs. The total membership...

2023-12-01

ASIC has announced 12 new priorities for 2024 as well as six “enduring priorities”. Two new priorities have been added in relation to the superannuation...

2023-11-30

For new SMSFs engaging a tax agent, you can submit the SMSF ABN registration form and specifying your tax agent as your representative, eliminating the...

2023-09-07

There has been an increase in non-complying SMSF funds during the 2023 income year. This has resulted in the ATO imposing a higher number of sanctions...

2023-06-27

he ATO has issued Taxpayer Alert TA 2023/2: Diverting profits of a property development project to a self-managed superannuation fund, through use of...

2023-06-27

For SMSF related-party limited recourse borrowing arrangements (LRBAs) used to acquire real property, the ATO’s safe harbour interest rate is 8.85% for...

2023-05-25

The Government registered the Taxation Administration (Remedial Power – Work Test for Personal Superannuation Contributions) Determination 2023.The legislative...