With the rise in popularity of these accounts its highly likely that you may have a Australian Expat SMSF, otherwise known as a Self-Managed Superannuation Fund. These accounts add an extra layer of complexities in how Australian expats manage their superannuation.
We often find that when Australians first become an expat, and they manage their superannuation through an SMSF, they didn’t realise that by moving overseas they run the real risk of making their SMSF non-compliant.
To be eligible for concessional tax treatment, a superannuation fund needs to meet the definition of ‘Australian superannuation fund’ (ASF), along with other conditions.
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