Adding tax effect accounting to your arsenal
While tax effect accounting is typically not applied to SMSFs, practitioners should be aware it can provide benefits for clients, such as an ...
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.
While tax effect accounting is typically not applied to SMSFs, practitioners should be aware it can provide benefits for clients, such as an ...
Rather than view their licensing fees as a grudge purchase from which there is no financial return, accountants should use this as an ...
Recent changes to the ATO review process of auditor contravention reports mean there is no need to panic upon receiving one. However, ...
Contribution reserving strategies can be particularly effective for boosting the superannuation of self-employed clients.
Carrying forward capital losses can enable trustees to offset gains in future years, with any significant losses providing important tax ...
Events such as Brexit have placed downward pressure on interest rates, making the hunt for yield increasingly difficult for SMSFs
If you run a small business, you may be able to reduce your CGT liabilities and make additional contributions to your SMSF. What is the ...
Communication is the key to guiding panicked SMSF clients through unpredictable political changes and economic events.
Trustee declarations alone will not necessarily provide sufficient audit evidence – an auditor must also assess whether there is a need to ...
Make sure you do all the necessary checks before recommending your client to purchase a property in their SMSF, particularly where borrowing ...