A number of clients have recently asked what …

A number of clients have recently asked what happens to their SMSF (self managed super fund) when they return home permanently. There can be serious tax consequences if the SMSF is deemed to no longer be resident in Australia. See the attached link for more information on SMSF residency and contact your financial advisor immediately if this could impact on your fund.https://www.ato.gov.au/Super/Self-managed-super-funds/Setting-up/Check-the-residency-of-your-fund/#Whenisamemberanactivemember