Holding SMSF assets

Posted by Team AVS on 30 Mar, 2026 0 Comments

Understand how to assign assets during SMSF setup and the requirement for legal ownership to be in the fund's name.

Assigning assets

To legally establish your self-managed super fund (SMSF), you must have:

trustees
beneficiaries
a trust deed
assets set aside for the benefit of members.

If a rollover, transfer or contribution is expected in the near future, a nominal amount (for example, $10) can be held with the trust deed. Thi

Late payment offset will no longer be available

Posted by Team AVS on 10 Mar, 2026 0 Comments

Late payment offset (LPO) can't be used after the quarter ending 31 March 2026.

Currently, employers who make a late super guarantee (SG) payment can lodge a super guarantee charge (SGC) statement and use the LPO to reduce their SGC liability by amounts paid late to a fund.

With Payday Super being introduced, this will no longer be available. The last time your employer clients can use LPO is for the quarter ending 31 March 2026. Supe

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Aaron & Linda Henry A.B Henry Pty Ltd

“Team at AVS Business Services helped us set up our SMSF and put the correct structure in place for acquisition of real properties in our SMSF. AVS has exceeded our expectations and their specialist team has provided valuable support throughout the process of buying properties in our SMSF. We highly recommend their services. “

G.D Singh & Dr Jaskirat Singh SMSF Trustees

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Holding SMSF assets

Late payment offset will no longer be available

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