Managing the TBC & excess transfer balance tax
This article focuses on managing a member’s transfer balance cap (TBC) with a view to minimising excess transfer balance tax...
This article focuses on managing a member’s transfer balance cap (TBC) with a view to minimising excess transfer balance tax...
With the ATO currently seeking to resolve issues while minimising the financial sanctions and penalties, now is the best time...
After stringent global lockdowns and economies in freefall earlier in the year, the long road to recovery is underway.
SMSF professionals may interpret and apply the reporting requirements of rent deferral differently and the ATO may therefore need to...
In the last part of our feature series on property development, we discuss related-party joint ventures and the difficulty of...
The ATO’s draft legislative instrument for the in-house asset exclusion for SMSFs providing rental relief poses some questions which may...
Part 3 of our series in property development looks at the tax implications of not undertaking transactions on commercial terms.
SMSF clients who previously commuted a pre 1-July 2017 market-linked pension, will need to ensure that the commutation debit recorded...
Recent economic uncertainty raises questions around what responsibilities trustees and auditors have in relation to an SMSF's ability to continue...
The legislation for the electronic execution of documents is complex and varies between different jurisdictions. SMSF professionals and their clients, therefore,...