All SMSFs are legally required to do full financial statements, complete with an up-to-date value of all their assets, every ...
Accurate asset valuations are a requirement for compliant and effective SMSF management. Not only does it ensure members have a ...
To determine if an asset classifies as an in-house asset it is first necessary to determine who or what is ...
One of the most frequent SIS Act breaches is the failure to separate fund assets from members’ personal assets, says ...
Timing the sale of assets is critical to take advantage of tax opportunities, especially in the event of the Division ...
Some assets within an SMSF are “so obscure” that it is difficult to get a valuation, says a leading legal ...
Before 30 June, SMSF trustees need to check the level of any in-house assets to ensure they haven't exceeded the ...
A specialist adviser recommends considering whether to hold or sell assets held in an SMSF before winding up the fund.
It may only be April, but while we are distracted with the upcoming federal budget and the May lodgment date, ...