Tag: SMSF tax return

A Self-Managed Superannuation Fund (SMSF) lets Australians manage their own retirement savings, giving them more control over how their money grows. If you have an SMSF, it’s essential to understand how to maximise tax deductions, which are the expenses you can claim back when doing your taxes. Knowing which costs you can deduct will help you save money, reduce the amount of tax you owe, and grow your fund for the future. Let’s dive into how you can maximise deductions in your SMSF tax return. What is an SMSF? An…