SMSFs: Can all income be NALI?
Daniel Butler and Shaun Backhaus
One key criticism of the draft Law Companion Ruling 2019/D3 (Draft LCR) is the breadth of the ATO’s view in relation to the “nexus” re
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.
One key criticism of the draft Law Companion Ruling 2019/D3 (Draft LCR) is the breadth of the ATO’s view in relation to the “nexus” re
With the 2020–21 financial year entering the last quarter, it is timely for SMSF trustees to consider the currency of the fund investment
Earlier today, the Administrative Appeals Tribunal (Tribunal) handed its decision in Coronica and Commissioner of Taxation (Taxation) [2021]
The ATO has released its long-awaited guidance on SMSF auditor independence, reaffirming the requirements set out in APES 110 Code of Ethics
SMSFs appear to have a great appetite for investing in real estate and becoming involved with making improvements to property and, in some c
The recent New South Wales Supreme Court decision of G v G (No. 2) [2020] NSWSC 818 (G v G) provides important guidance on the limitations
Firms are urged to “grab the bull by the horns” and proactively adopt new SMSF independence measures.
Advisers would be well aware of the ATO’s “safe harbour” regarding the application of non-arm’s length income (NALI) to related-part
Planning for the eventual passing of superannuation death benefit payments in the most tax-effective manner has, by necessity, changed follo
One of the main advantages of a testamentary trust (TT) set up under someone’s will is that the terms can be drafted such that they compl
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