Knowledge Space

Can Your SMSF Sell Property to Its Own Members?
Yes, a Self-Managed Superannuation Fund (SMSF) in Australia can sell a property it owns to its member(s) or other related parties, as there is no explicit prohibition under the Superannuation

How to Buy a Gold – International Gold Investments for SMSF Trustees
As a trustee of a Self-Managed Super Fund (SMSF), understanding how to buy a gold in an international context is increasingly important. Gold remains a popular diversification play, but overseas

How to Invest in Gold in Australia: A Practical Guide for SMSF Trustees
Investing in gold Australia has long been seen as a safe and reliable strategy for wealth preservation. For Australians—especially Self-Managed Super Fund (SMSF) trustees—understanding how to invest in gold in

Whether an SMSF can invest in the Post Office Savings Scheme in India?
Ans: No, A Self-Managed Superannuation Fund (SMSF) cannot invest in fixed deposits under India’s Post Office Savings Schemes, such as the Post Office Time Deposit Account (also known as the

What Happens if Unlisted Shares Aren’t Reported at Market Value in SMSF Financials?
1. Regulatory Requirement for Market Valuation Under SIS Regulation 8.02B, SMSFs must value all assets, including unlisted shares, at market value as at the end of each financial year for

Can an SMSF Invest in Gold Jewellery?
Yes, a Self-Managed Superannuation Fund (SMSF) can invest in gold jewellery. Permissibility: Gold jewellery qualifies as an “acquirable asset” under SISA Section 66, as it is not prohibited and can

What expenses can you claim without a receipt?
What expenses can you claim without a receipt? Total work-related expenses $300 or less If your total work-related expenses are $300 or less, you do not need any receipt for

Why is my tax refund considerably low in FY 2024?
On average, 25% of salaried individuals in Australia will find their tax refund is less than their expectation. There are plenty of reasons for this. The most important reasons for