What the COVID-19 loan repayment relief extension means for related-party loans
Tony Zhang
The ABA has recently announced support measures for loan repayments for recent COVID-19-hit businesses which will also have an effect on aff
The ABA has recently announced support measures for loan repayments for recent COVID-19-hit businesses which will also have an effect on aff
Auditing Standard ASA 510 requires that the auditor shall obtain sufficient and appropriate audit evidence about whether the opening balance
A recent communications update from regulators around the annual fee consents for superannuation has highlighted continued uncertainties on
The major accounting bodies have called for changes to the government’s proposed ECPI measures, with major amendments needed across choice
ASIC has released its cost recovery implementation statement for the 2020–21 financial year, revealing that the costs allocated by ASIC to
A former Queensland property developer has failed to overturn criminal convictions for defrauding almost $350,000 from SMSF investors.
SMSFs that will be affected by ATO’s new SuperStream changes will need to prepare for various technical requirements that can impact the r
This memo provides guidance on an SMSF rolling benefits to another SMSF both prior to and from 1 October 2021. The key change is the require
With the ATO recently releasing the new personal transfer balance cap available to access for funds, the reliance on this information can cr
The ATO has reminded approved SMSF auditors to check disqualified trustees’ registers when determining whether there has been a contravent
SMSFs will be able to add a fifth or sixth member to the fund using the Australian Business Registry from mid-August.
While the provision of documents from non-qualified suppliers may initially appear to be a simple, low cost and straightforward approach, th
The ATO has issued new guidance on the application and use of an appropriate reviewer when assessing independence threats for SMSF audits.
For many businesses, tax time is one of the busiest and most complex times of the year — particularly in a post-pandemic environment.
While the newly proposed ECPI measures seek to provide more choice for trustees, there are fears they will lead to additional complexity an
With the start of the new financial year, SMSFs can consider reviewing their insurance plan to make sure it aligns with the investment strat
The ATO has advised SMSF trustees and their professionals the need to start planning for the incoming changeover to the new SuperStream Roll
Rising regulatory and governance costs, and the cost of preparing statements of advice, are among some of the factors driving up advice cost
The ATO has delayed the availability of the personal transfer balance cap online after facing system issues in deployment.
When considering the payment of death benefits, the correct timing along with defining uncertainties around what is considered “as soon as
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