ICare Super

**Another QROPS approved! 🇬🇧✅**

Another successful QROPS approval, with HMRC’s current turnaround time generally around **4–6 weeks**.

Thanks to the quality of our application, careful preparation and professional handling, this one was **approved in just ONE day!** 🎉

Quality applications make a difference. 💯

SMSF Residential Property LRBA Ban Now Law – 10 August 2026 Deadline Confirmed

SMSF Residential Property LRBA Ban Now Law – 10 August 2026 Deadline Confirmed | iCare Super Countdown Begins as Royal Assent Locks in SMSF Property Borrowing Changes The uncertainty is over. In a remarkably swift legislative process, the Federal Government secured support from the Greens and passed the Treasury Laws Amendment (Tax Reform No. 1) Bill 2026 through both Houses of Parliament i...

Proposed Ban on SMSF Residential Property Borrowing: What Trustees Need to Know

Expected SMSF LRBA Safe Harbour Rates (2026–27)
-Real property: 9.35% (previously 8.95% in 2025–26)
-Listed securities: 11.95% (previously 10.95% in 2025–26)

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SMSF Trustee Companies: ASIC Fee Update FY2026–27 (Effective 1 July 2026)

🚀 Facebook Exclusive Offer – June 2026 Only! 🚀

This offer is available this month only.

Thinking about starting your SMSF? Now is the perfect time.

✅ Set up your SMSF in June 2026
✅ Have your SMSF fully established and ready for the 2027 financial year
✅ TFN/ABN application assistance
✅ Bank account setup and super transfer support
✅ No annual administration fee for the 2026 financial year *
✅ Flexible monthly administration fees

Don't miss this limited-time opportunity to get your SMSF up and running before the new financial year begins.

📞 03 9557 4079
📧 [email protected]

Offer available for SMSFs established during June 2026 and may be withdrawn without notice. Conditions apply. iCare Super is not an AFSL holder and does not provide financial planning, investment advice, or recommendations to establish an SMSF. Please seek independent financial and tax advice before making any decisions.

Take control of your super with iCare Super 💼
Fast SMSF setup, TFN/ABN approvals in as little as 1–2 days, bank account setup, and super transfer assistance — all at cost-effective pricing with flexible monthly fees and no lock-in contracts.

📞 03 9557 4079
📧 [email protected]

Positive to see no changes to superannuation in last night’s Budget. Also worth noting: any changes to negative gearing or the capital gains tax discount do not apply to SMSFs.

SMSF trustee disqualified for sole purpose test breach

The ART affirmed the ATO's decision to disqualify the applicant from acting as a responsible officer of the corporate trustee of an SMSF, finding contraventions of the sole purpose test (ss 62 and 35D of the SIS Act). While one purpose of the loan was to generate a return for the fund, a concurrent and improper purpose was to provide finance to Mr M's related company to complete a villa project.

The ART also decided the trustee contravened s 35D of the SIS Act by failing to lodge returns for four years and Mr M's excuses regarding difficulties with his accountants were not accepted. The ART was not satisfied a contravention of s 65 of the SIS Act (financial assistance to a member) was established. (Maietta and FCT, ART, Harrowell SM, 9 April 2026.)

Inappropriate access to super early for treatments warning

The ATO and the Australian Health Practitioner Regulation Agency (Ahpra) are warning taxpayers to be wary of predatory practices by health practitioners and third parties to persuade individuals to inappropriately access their super early for dental treatment.

The ATO and Ahpra are working together to monitor recent growth in applications and to identify any concerns about inappropriate conduct by health practitioners. Penalties can apply to individuals and health practitioners who make false or misleading statements on medical reports to the Commissioner to access compassionate release of superannuation.