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Clients must take care with bushfire donations from super

Clients wanting to make donations to charitable causes associated with bushfire relief from their super may encounter problems unless they have triggered a condition of release, according to SMSF Alliance.

Clients must take care with bushfire donations from super
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Clients must take care with bushfire donations from super

The SMSF administrator’s principal, David Busoli, said in an email update that the issue of funding large-scale donations to bushfire relief charities was likely to come up among clients in the coming days as damage from Australia’s bushfire disaster escalated.

Read more at the ifa

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