SMSF

AustralianSuperannuationlaw does not switch contribution eligibility on or off based on a member declaring retirement. What matters is age brackets and, for some contribution types, whether a work test is met. A retired 66-year-old and a still-working 66-year-old face broadly the same contribution rules. …

When an account-based pension commences, its opening balance is fixed. That starting figure determines the minimum annual payment and, for a retirement-phase pension, the amount counted against your transfer balance cap. Allowing later contributions to flow in would disturb those settings, so the rules …

Market valuations have become one of the most scrutinised areas of self-managedsuper fund(SMSF) compliance, and the Australian Taxation Office has made clear that 2026–27 will be no exception.

The Australian Taxation Office has urged self-managedsuper fundauditors to get their audits off to a strong start, warning that independence, evidence and reporting problems are easier to resolve when identified early rather than at the final stages of an engagement.

Setting up a self-managedsuper fund(SMSF) involves establishment costs, and the Australian Taxation Office has updated its guidance to remind new trustees that how and when those costs are paid can affect whether they are treated as a contribution.

If you have set up a self-managedsuper fund(SMSF) and are preparing to lodge its first annual return, the Australian Taxation Office wants new trustees to pay close attention to their lodgment obligations.

The Australian Taxation Office has set out where it will focus its attention on self-managedsuper fund(SMSF) auditors during 2026–27, with audit evidence and independence remaining central themes.