I have had a SMSF for almost 2 years and I am in pension mode. My accountant advises me that the fund is to benefit me and my wife (that's the law). Therefore, any withdrawals (if you are in pension mode) should be directly to us and not a third party. Don't pay a bill from your fund but go via one of your personal bank accounts.
I have found that running my fund is quite easy, especially at the moment when all my money is in term deposits.
Any documentation (bank statements, trading contracts etc) are placed in my SMSF folder in chronological order.)
- Forums
- General
- winding up a smsf
I have had a SMSF for almost 2 years and I am in pension mode....
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)