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Late ASIC fees driving spike in deregistrations for SMSFs

The ATO is seeing an increase in the number of corporate trustees becoming deregistered due to the late payment of the A ... READ MORE

One in seven SMSF directors yet to apply for ID

Around 100,000 SMSF directors still need to apply for their director ID despite the deadline passing two months ago. ... READ MORE

ATO issues warning on undated benefit payment requests

The ATO has warned SMSF trustees against using undated documents requesting the payment of their benefits in the case of ... READ MORE

Contribution caps to stay the same for 2023–24 year

Concessional and non-concessional contribution caps are set to stay at $27,500 and $110,000 following the release of the ... READ MORE

No plans to extend NALI compliance relief, says ATO

The ATO says it does not intend to extend PCG 2020/5 for another year and will wait to see what changes the government l ... READ MORE

Super must move to sustainable basis, says Minister Jones

Minister Jones has looked to assure the SMSF sector that Labor is “not singling the sector out for attack” as the go ... READ MORE

Positive outlook for growth of SMSF sector

With greater numbers of young, highly engaged super members looking to access greater control by way of an SMSF, the out ... READ MORE

SMSF market ripe for digital advice

Financial advisers should prioritise low-cost digital advice solutions in order to capture the expanding crowd of unadvi ... READ MORE

Government to make moves on residency rule reforms this year

The government has confirmed that will be proceeding with both sets of rule changes for residency rules for SMSFs and wi ... READ MORE