Is general expense NALI material?
The SMSF industry breathed a small sigh of relief after the release of the latest general expense NALI rules. While...
The SMSF industry breathed a small sigh of relief after the release of the latest general expense NALI rules. While...
With the penalty unit increasing from $313 to $330 in proposed legislation, SMSFs need to be extremely careful as this...
The start of July ushered in a raft of changes that impact agents and small businesses.
There are significant advantages that can result from making a voluntary disclosure including the potential to rectify and minimise penalties...
The ATO has updated its website to reset the expectations of taxpayers who have restructured a MLP and are waiting...
On Monday 19 June 2023, Treasury released an exposure draft to alter the non-arm’s length income (NALI) laws.
In January 2023 Treasury proposed a lower than arm’s length (or nil) expense (NALE) be multiplied by five.
Being able to carry forward unused annual concessional contributions (CCs) cap amounts since 2018–19 provides some much-welcomed planning opportunities, especially...
Just do the sums. At 31 March 2023, ATO figures showed SMSFs holding $88 billion in commercial property, representing slightly...
Females are closing the gender gap with retirement savings and this trend could continue as women’s participation in the workforce...