Withdrawing assets from an SMSF to help minimise Division 296 liability can incur costs, but there is a way to ...
The proposed Division 296 tax will be highly reliant on accurate valuations as part of the methodology used to calculate ...
The shadow assistant treasurer has demanded the urgent withdrawal of new rules he says are unrealistic and rife with errors.
There will be additional reporting requirements for SMSFs when the new $3 million super tax legislation comes into force.
The SMSF Association said it “firmly opposes” the new Tax Agent Services (Code of Professional Conduct) Determination 2024, arguing that ...
Rushing to lodge a tax return could have implications for claiming personal deductible superannuation contributions, warns a senior technical adviser.
If a member of an SMSF has received a Division 293 assessment, several steps have to be taken before any ...
A tax ruling on superannuation contributions is still to be finalised and is causing concern for SMSF trustees, a leading ...
There are a number of hurdles and potential tax penalties that may apply if an SMSF elects to have their ...