SIS Logic Pty Ltd

04/04/2025

Hi all,

I've set up a WhatsApp group for SMSF accountants who have audit-related questions—whether it’s working out documentation requirements in advance or clarifying an auditor’s request.

The idea is to make the process smoother and help each other out.

If that sounds useful, you’re welcome to join:

WhatsApp Group Invite

30/01/2025

In this weeks blog we explore death benefits & interdependency relationships.

When it comes to superannuation death benefits, a key question is often whether the recipient qualifies as a "death benefits dependant." This determination

20/01/2025

For those wondering about GST & the transferring Business Real Property from an SMSF

Let’s say you have a self-managed super fund (SMSF) that owns a commercial property, like an office building. What happens if the SMSF decides to transfer the

18/12/2024

Saw a number of these breach Reg 13.22C because of this issue a few years ago. The account needs to be with an authorised deposit-taking institution. A full list can be found here: https://www.apra.gov.au/register-of-authorised-deposit-taking-institutions

Rent from an overseas property is not allowed to be deposited into a foreign bank account per the in-house asset rules, a leading specialist has warned.

16/12/2024

"This question occasionally pops up in the SMSF community: could an SMSF invest in a commercial charter vessel in the same way it might invest in a property for business use?"

This question occasionally pops up in the SMSF community: could an SMSF invest in a commercial charter vessel in the same way it might invest in a property

10/12/2024

“There is a business model where SMSFs are being recommended and clients are rolling over their super into an SMSF and investing in their own product”

09/12/2024

In this week's blog: SMSF Travel Expenses

It’s no secret that managing an SMSF comes with its fair share of rules, especially when it comes to claiming expenses. One common area of confusion is travel

03/12/2024

A 7.5 per cent levy on total booking fees will apply for short-stay rentals from 1 January 2025 in Victoria. Definitely noticed a growing trend of SMSFs involved in this space, so something to consider going forward.

SMSF landholders in Victoria need to be aware of their obligations under the new Short Stay Levy Act 2024, a legal specialist has warned.

02/12/2024

In this week's blog, a question that comes up from time to time: members providing consulting services to unrelated unit trusts

If your SMSF is looking to invest in a unit trust involved in property development, there are important compliance rules to follow. Things get trickier if a

26/11/2024

Usually a stepchild/stepparent relationship ends on the death of a biological parent and on the termination of the spousal relationship, but maybe that is no longer the case?

The status of stepchildren to be considered as superannuation beneficiaries is no longer as clear cut as it once was, with common law moving ahead of official guidance.

25/11/2024

In the rush to set up an SMSF auditors often see contraventions. So, how long does it take to set one up?

If you’re wondering whether you can speed through the setup of a Self-Managed Super Fund (SMSF), then keep one thing in mind: there’s no such thing as an SMSF