The Essential SMSF Guide 2014-15 is endorsed by Chartered Accountants Australia and New Zealand. It is a comprehensive and practical guide on Self Managed Superannuation Funds for a variety of stakeholders such as consumers, trustees, accountants and financial planners.
Broadly, a range of topics such as tax, investment rules, bankruptcy, financial planning process for SMSF trustees, designing a pension and payment of benefits are covered.
The most recent 2014-15 edition contains new Commentary on the 2014 Federal Budget changes, the return of mistaken contributions, winding up an SMSF, control of an SMSF after member death, and the abolishment of the Mature Age Worker Tax Offset.
The SMSF Guide also incorporates a toolkit of relevant minutes, letters and ATO documents to assist readers in streamlining the administration process.
Rather than merely listing the different types of Self Managed Superannuation Funds, or encouraging readers to choose SMSFs, the SMSF Guide instead attempts to help advisers and investors as well as those who may simply be interested in using a similar type of fund or learning more about SMSFs.
Written by Nicola Mahncke