TR 2013/5 was updated in June 2024, introducing a new approach to processing underpaid pensions, requiring SMSF trustees and professionals ...
Mark Ellem, head of education for Accurium, said the ATO is concerned that SMSFs are not complying with release authority ...
Matthew Burgess, director of View Legal, said the decision in Santavas and Commissioner of Taxation (Taxation) ARTA 2515 highlights the ...
Peter Johnson, director of Advisers Digest, said the ATO has updated their ruling on ownership and separation of fund assets, ...
The regulator stated that there are different timeframes that apply to lodging a TBAR depending on whether the fund is ...
David Busoli, principal for SMSF Alliance, said the ATO’s stronger focus on auditing compliance “raises the temperature”, but it also ...
The regulator stated that good audit documentation not only supports an auditor’s conclusions but is essential for meeting their obligations ...
Peter Johnson, director of Advisers Digest, said section 65 stipulates that a fund cannot lend to a member or a ...
The sole purpose test is “intrinsically linked” to many aspects of the machinations of an SMSF including acquisitions, a leading ...