Administering and ReportingSetting up an SMSFUnderstanding SMSFs

Time is running out to apply for a Director Identification Number (director ID)

You may have heard about the new rules which require directors of Australian companies to obtain a Director Identification Number (director ID). It is a unique 15-digit identifier that directors apply for once and keep forever.  The following provides some useful further information.  If, after reading this document, there is anything that you are unsure…

NewsSetting up an SMSFThinking about SMSFs

How much money do you need to start an SMSF?

SMSFs are not for everyone, but for those individuals where an SMSF is entirely appropriate for them, the benefits can be considerable. In the context of ongoing public debate regarding the appropriate minimum size for an SMSF, new research has been provided to provide insights into the true costs of running an SMSF. And the…

Setting up an SMSFSMSF InsightsUnderstanding SMSFs

Ready to set up an SMSF?

You’ve weighed up all the pros and cons and decided to establish a self managed super fund (SMSF). The establishment of an SMSF requires a lot of decisions to be made by you as an SMSF trustee in conjunction with appropriate advice from your advisor. Use the below checklist to ensure every step has been…