New Tax Division Manager
With over five years of experience in public practice, Kiran is a highly skilled tax professional with expertise spanning a broad range of services, including tax return preparation, financial statements, business activity statements (BAS), and instalment activity statements (IAS). Need an individual, trust or company tax return? Read more here, then email kirandeep@freedomffs.com.au or book […]
Protect Your Legacy – how an SMSF Will safeguards family wealth for generations
Introduction: The Imperative of Family Wealth Protection Protecting family wealth isn’t just about passing on assets—it’s about safeguarding your family’s financial security and legacy against risks like litigation, tax complications, and mismanagement. A Self-Managed Superannuation Fund (SMSF) is a vital tool in many Australians’ wealth strategies, but without the proper planning, even this robust structure […]
Bare Trusts & Property Investment
Did you know that SMSFs can borrow money to invest in property? They can. We’ll set out the basics of how it works below. But first, the most important thing to remember in this process is to talk to your accountant and solicitor about what paperwork you need completed BEFORE you make an offer on a […]
SMSF investing with multiple members
If your SMSF has more than one member, it is important to understand how the investments work. In short, all assets are owned 100% by the SMSF and are calculated percentage of each asset being ‘allocated’ to each SMSF member according to their contribution. If you have one member, that member owns 100% of the SMSF assets. […]
Original trust deeds matter
When you set up a self-managed super fund (SMSF), bare or other trust, you will be asked to sign the establishment documents in ‘wet ink’. This simply means you have to use a pen and physically sign the paper version of the document, which then becomes the ‘original.’ This is a legal requirement and some […]
2024 Christmas office hours
It’s nearly that time of year when everyone is starting to relax and wind down. Not us! We’re still full tilt to the wind up until our office takes its annual break between Christmas and New Year. Here are some important dates to remember. Friday 6 December – CLOSED for office Christmas party noon Friday 20 December […]
Macquarie blocks BSBs – SMSF crypto investments restricted
Have you been trying to pay for a crypto investment using your Macquarie SMSF bank account and found the BSB “does not exist” when you enter the numbers? We have had several reports from frustrated clients about this happening to them, including when trying to settle their orders with Coinspot and Ainslie Crypto. After weeks of investigation, […]
Dubbo NSW event report
Thanks to the lovely Susan and her Dubbo community – men and women from My Place, Stand in the Park, and friends and family – for an enjoyable and informative evening to discuss Ideas for Uncertain Financial Times? If you have a community or group of people interested in such ideas, email mary-jane@freedomffs.com.au to set […]
US election results – SMSF investment impact
The US elections results are in, so what does this mean for your SMSF investments? As soon as the election results were announced, stock markets reacted favorably and Bitcoin hit at an all time high. Metals softened (a great time to buy) but investors now seem to be preparing for a ‘Trump rally’. According to […]
Strategies to safeguard family wealth
Wealth without Protection is Wealth Lost in a Heartbeat In today’s complex financial landscape, safeguarding family wealth requires more than just asset protection and estate planning – it demands deep insight into potential risks and sophisticated strategies. This is where Freedom Financial Solutions FFS , in partnership with LY Legal Back Office, steps in. With expertise […]