iscover
Westpac ordered to pay $113m after multiple legal actions
Tony Zhang
The bank has been penalised for widespread compliance failures across multiple businesses including banking, superannuation, wealth manageme
The bank has been penalised for widespread compliance failures across multiple businesses including banking, superannuation, wealth manageme
A recent draft tax determination concerning the provision of financial accommodation may also have ramifications for SMSFs that receive dist
The ATO has highlighted various errors it has recently received through SuperStream messaging due to missing data and incorrect information,
CA ANZ has urged for greater transparency to be established for director ID holders along with providing regular communications channels for
The ATO has provided new details on how the new insolvency legislation could have an impact on new and existing SMSFs.
Some SMSFs are failing to properly document arrangements where they have provided rental relief or loan relief due to the pandemic, which ma
SMSFs will need to be wary of hidden traps in the reporting of investment strategy allocations that can create variations for benchmarks in
With the increasing popularity of non-fungible tokens (NFTs), SMSFs potentially holding NFTs will need to be prepared to manage numerous com
With SuperStream Rollovers version 3 now in production, the ATO has provided new tips to help better navigate the rollover process.
With over eight weeks since the implementation of SuperStream, SMSFs are still facing issues around several key processes and steps when m
SMSFs holding cryptocurrency will need to make sure they can navigate changing tax situations from income that can create various compliance
The ATO has released a range of checklists designed to help trustees manage their SMSF through different stages of the fund.
Practitioners will need to go through two separate requirements when making transactions of market value for in-specie contributions with th
The three-day turnaround required for SMSF rollovers under the SuperStream requirements is still proving difficult, with around only 20 per
The Tax Institute is concerned that certain types of evidence required by the Administrative Appeals Tribunal, such as witness statements, m
The ATO has released new information for individuals who need to access their superannuation early on compassionate grounds during the Chris
The ATO has released new guidance on the management of the SMSF across its life cycle, along with processes and responsibilities involved wh
The ATO has raised its concerns on the increase in scams involving fake superannuation investments targeting SMSFs.
SMSFs managing various outgoings across the fund will need to carefully navigate different situational capacity changes that can affect the
The ATO has released the new legislative instrument on extending COVID-19 rental deferral relief for SMSFs.
Get the latest news and opinions delivered to your inbox each morning
Get notifications in real-time for staying up to date with content that matters to you.
