The ATO’s long-awaited update to LCR 2021/2 was released late last month.
The potential tax consequences of an in-specie transfer need to be considered if it is part of a binding death ...
Breaches in market valuations and regulation 8.02B accounted for 12 per cent of all breaches reported to the ATO in ...
Despite the ATO’s “black and white” rulings on death benefit payments there is a “tinge of gray” when it comes ...
Advisers need to constantly update their understanding of ever-changing SMSF rules and regulations and educate themselves and their clients to ...
A new determination on commuting an asset-exempt legacy pension was released last week that will hopefully provide clarity on the ...
The SMSF Association says the ATO’s long-awaited rulings on non-arm’s length income (LCR 2021/2) and contributions (TR 2010/1) have provided ...
The revised LCR 2021/2 will give accountants working in the SMSF sector more confidence, a legal specialist says.
The long-awaited update to LCR 2021/2 says there has been no change to the “draconian” outcome if an SMSF has ...