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[av_heading heading=’Stay tuned… proposed changes to SMSF member capacity ‘ tag=’h3′ style=” size=” subheading_active=” subheading_size=’15’ padding=’10’ color=” custom_font=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”][/av_heading]
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The Government has announced that the maximum number of members in a SMSF will increase from four to six. At present, under section 17A of the SIS Act, to meet the definition of an SMSF the fund must have 4 members or less.
There is a long way to go before this change becomes law. We’ll bring you more details as they arise.
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