Issue: 236
Sent: 28-09-2010 10:47:03
In this issue:

Commodity Investments: Can They Add Value?A How To Book Of Self Managed Super FundsEmotional Intelligence and InvestingEmail Marketing WorkshopsThe Future of SMSFsEmail Marketing Business Opportunity - Helen Bairstow
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The Future of SMSFs

Click here to buy - A How To Book of SMSF's by Tony Negline
Tony Negline

No doubt you've read about the Treasury's advice to the in-coming Government especially about the line, "The superannuation system is increasingly leaking revenue, with Self Managed Super Funds now the tax minimisation vehicle of choice. Better enforcement and acceptance of the Cooper recommendations are part of a solution to plug some structural holes."

I wonder if the author (and the intended readers) of these sentences actually realises they are two different thoughts.

That said some people in the SMSF space do press way too hard on trying to maximise the tax benefits.

Don't misunderstand me. I dislike paying tax.

But it's important to be practical. Superannuation contains some excellent tax concessions which are useful for all but the lowest and highest on the socio-economic table. It does not take too much trickery to get a fair share of these concessions.

Those who do push the edge of the envelope do everyone a great disservice.

The Super Resources Profits Tax is a clear indication that it's essential to be regularly talking to politicians and all their advisers

I can only urge you to do three things as soon as possible:

You'd be amazed at how powerful such simple tactics are.

Some of you might think I'm being a bit paranoid. Afterall you could argue that SMSFs are already too big to pick on. To some extent this is true.

Why do I think such tactics are necessary?

I think that a Government desperate for revenue (which will happen at some stage in this Parliament) together with a political party that openly despises wealth creators controlling the Senate - that is, the Greens - can actually cobble together anything.

For these reasons it's essential to get on the front foot.

Finally please consider purchasing a copy of "A How To Book Of Self Managed Super Funds". You can look at the contents page at the following link:

I have just released the 3rd edition.

For details of the many changes made since the previous release visit:

There have been many changes to this book. Version 3.0 contains over 30 pages of new material.

This update has taken longer than I would like however I have been delayed due to a frustratingly steady stream of political policy announcments, review documents and the release of various ATO documents.

Two purchase options are available - once only subscription - $55 inc GST - or an annual subscription will gives you access to all the updates made throughout the year ($120 inc GST). The book can be purchased at the following link:

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