In the lead-up to the federal budget last year, the government announced plans to increase the limit on the number of members allowed in an SMSF from four to six.
Read more at the Accountants Daily.
SMSF member limit increase bill introduced
The government has now introduced the bill to increase the SMSF member limit, but with the Labor Party unlikely to support it, the measure is still very much “up in the air”, says a technical expert.
