SMSFA ‘encouraged’ by commitment to amend code of conduct bill
Despite the unsuccessful disallowance motion regarding the tax practitioners’ code of conduct in the Senate on Tuesday (10 September), the...
Despite the unsuccessful disallowance motion regarding the tax practitioners’ code of conduct in the Senate on Tuesday (10 September), the...
The new NALI legislation is “unfair” because it lacks any provision that allows the tax commissioner to overlook honest oversight,...
An SMSF with vacant land cannot claim holding costs, warns a legal specialist.
Asset valuation must be objective, and supportable data should be provided, says a leading audit specialist.
ASIC will, in the coming months, announce the results of its surveillance into how superannuation funds are handling death benefits...
The application of regulation 8.02(b) and compliance in relation to the 2025 end-of-year valuations will be the benchmark for high-balance...
The number of SMSF auditors referred by the ATO to ASIC has risen slightly in the 2023–24 financial year.
Further consultation is required over ongoing concerns with the Tax Agent Services (Code of Professional Conduct) Determination 2024, says the...
A recent private binding ruling has clarified that if a notice of intent to claim a deduction for contributions has...
Even if dealing with younger clients, advisers should be asking end-of-life questions to ensure SMSF deeds cover all contingencies, says...