30 June is approaching – time to value assets
All SMSFs are legally required to do full financial statements, complete with an up-to-date value of all their assets, every 30 June
Up-to-date, specialised strategy is core component of an SMSF professional’s arsenal. SMSF Adviser analyses and interprets regulatory and legislative changes to ensure the SMSF sector is kept informed on the tips, tools and best practice for serving SMSF trustees.
All SMSFs are legally required to do full financial statements, complete with an up-to-date value of all their assets, every 30 June
ASIC has succeeded in its appeal before the Full Federal Court in ASIC v BPS Financial Pty Ltd [2025] FCAFC 74 (30 May 2025).
As the end of the financial year (EOFY) approaches, it is crucial to ensure your self-managed superannuation fund (SMSF) is in order.
When someone dies, many beneficiaries want to know what happens to outstanding debt, whether it comes out of the estate, who pays it and ...
Treasurer Jim Chalmers’ proposed Division 296 super tax is reckless, short-sighted and dangerous precedent that will devastate Australia's ...
For someone impacted by the extra tax on those with more than $3 million in super (known as Division 296 tax), it’s not necessarily smart to ...
This week's announcement by Treasurer Jim Chalmers that the government has no plans to alter the rules surrounding LRBAs for SMSFs should ...
Self-managed super funds (SMSFs) have become an increasingly prominent force in Australia’s multi-trillion dollar retirement market, but ...
The Australian Taxation Office (ATO) sets out its view in Taxation Ruling TR 94/8 and Private Binding Ruling 1051832733348 of 2021, which ...
Our recent article on the proposed Division 296 tax has sparked some discussions, particularly as to whether benefits should be taken out ...