SAN misuse sees SMSF tax agent convicted
Tony Zhang
A New South Wales tax practitioner who falsely lodged self-managed superannuation fund annual returns before audits were completed has been
A New South Wales tax practitioner who falsely lodged self-managed superannuation fund annual returns before audits were completed has been
The ATO’s approach to investment strategies has caused a rippling effect for auditors, as increased focus could soon be ramped up on the f
One key criticism of the draft Law Companion Ruling 2019/D3 (Draft LCR) is the breadth of the ATO’s view in relation to the “nexus” re
In the advent of the increase from four to six members in SMSFs, disputes are likely to arise in the fund and the complexities in expelling
With the 2020–21 financial year entering the last quarter, it is timely for SMSF trustees to consider the currency of the fund investment
The ATO has flagged that it will continue to formulate its position on referral sources ahead of incoming auditor independence standards, ai
The ATO’s new approach towards the allocation of professional firm profits will cause a large number of practitioners and their firms to f
The ATO has warned SMSFs that the transfer balance account report (TBAR) is due by 28 April 2021, with additional considerations ahead of th
The ATO has published a new version of the form which requests rollover of the whole balance of superannuation benefits between funds.
A new update has been applied to the recently released ATO independence guidance for approved SMSF auditors.
Understanding the various approaches and legal positions for an SMSF when facing the ATO will be crucial to effectively deal with the multit
Transfer balance account reporting will need to be closely tracked to take into account the impacts it will have on pensions and commutation
The ATO has updated its guidance on navigating COVID-19 LRBA relief complexities in consideration of Division 7A rules and the processes in
With an increasingly litigious super environment, advisers need to take a more holistic approach when dealing with SMSF estate planning, say
ASIC has insisted its hands are tied when it comes to the industry levy, saying ultimate responsibility for the funding model falls to the g
The ATO has released its long-awaited guidance on SMSF auditor independence, reaffirming the requirements set out in APES 110 Code of Ethics
SMSF auditors have been warned that SMSF firms cannot rely on the ATO’s benchmark guidance regarding reciprocal arrangements as it does no
The ATO has made an extension on the transitional compliance approach in PCG 2020/5 for another 12 months, providing relief around critical
The ATO has completed its follow-up mailout to all auditors regarding SMSF auditor number (SAN) misuse, seeing the highest response rate it
SMSFs appear to have a great appetite for investing in real estate and becoming involved with making improvements to property and, in some c
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