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Setting Up An SMSF: Who Can Join The Fund?
A question that often gets asked is who can set up an SMSF together. The rules The answer is practically anyone can set up a SMSF together. You can have up to six people in an SMSF, and they’re often family members. The most common setup is you and your partner...
“Debt Recycling”…Flavour Of The Month
It seems that “debt recycling” is the favour of the month among financial advisors (and some financial institutions too). And if you do a Google search for the term you find that it is being quite heavily marketed. It is being marketed as an easy way to convert...
The Importance Of “Tax Residency”
Whether you are a resident of Australia or non-resident of Australia for tax purposes has significant consequences for you. Primarily, if you are a resident of Australia for tax purposes you will be liable for tax in Australia on income you derive from all sources –...
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