Does your SMSF or trust deed unnecessarily require general purpose, more costly, financial statements?
From July 2021 changes to the Australian Accounting Standards (AAS) have meant that many SMSFs and trusts (including discretionary and...
From July 2021 changes to the Australian Accounting Standards (AAS) have meant that many SMSFs and trusts (including discretionary and...
A key planning issue for SMSFs that have invested in a related unit trust is whether any income derived via...
Even couples well below the new proposed threshold could face an extra 15 per cent tax thanks to an insurance...
A recent AAT decision illustrates the sorts of evidence that might be necessary in order for an SMSF to not...
SMSF trustees must only pay expenses that belong to the fund’s activities. They should not pay expenses for anyone else.
My client’s SMSF purchased a property via an LRBA in March 2023 by borrowing from a related party. When they...
Some clients may choose to withdraw money from super in the next few years to minimise their exposure to the...
Where an SMSF member or related party pays the annual ASIC fee for a corporate trustee, this may give rise...
There has been uncertainty as to how the following two provisions interact: the non-arm’s length income (NALI) provisions in s...
What is being forgotten is that the goal behind the change was to target SMSFs that enter borrowing arrangements with...