As the number of SMSF clients over 70 continues to increase, managing their changing needs and requirements has become a critical challenge for SMSF advisers. In this session, we will explore a raft of strategies that can be implemented for the over 70s demographic across pensions, contributions and tax planning.
Key takeaways:
How technology both enhances an accountant’s ability to deliver tailored strategic guidance to SMSF clients and their reputation as their clients’ trusted adviser.
Property investments through SMSFs can be a lucrative strategy, but they can come with complex and strict compliance requirements and regulations.
Join this session to stay up to date with the latest developments and requirements related to SMSF property investments. We will cover critical topics such as LRBAs, NALI and NALE, current unit trust issues, market valuation requirements, compliance issues and the latest considerations for SMSF property investments.
In this session, gain insights into:
With quarterly-based reporting now officially in force for all SMSFs as of 1 July, all unreported events that occurred before 30 September 2023 must be reported by 28 October 2023.
In this session we explore:
How to prepare clients previously reporting transfer balance account events on an annual basis to the quarterly-based regime
What systems and processes SMSF professionals may need to change in order to adapt
Dealing with valuations of fund assets where the data is unavailable
Potential reporting traps with the shift to quarterly reporting and tips to prevent issues occurring