ATO outlines guidance on reporting obligation impacts from COVID-19
Tony Zhang
The ATO has outlined the impacts from COVID-19 on reporting obligations for SMSFs and guidance on the changes ahead for the 2020–21 financ
The ATO has outlined the impacts from COVID-19 on reporting obligations for SMSFs and guidance on the changes ahead for the 2020–21 financ
The ATO has reaffirmed its compliance approach for new auditor independence standards as firms adapt to changes over the next six months.
While the proportion of complaints to AFCA about advice licensees has remained low, the ombudsman has warned the industry is lagging on the
A non-bank lender has targeted the residential SMSF loan sector, launching a product with both variable and fixed-rate options.
The SMSF Association has backed the federal government’s initiative to embrace technology as a means of cutting red tape and complexity in
When dealing with limited recourse borrowing arrangements (LRBAs), it is important to understand the consequences that may arise where the L
Senator Jane Hume has affirmed the government’s plan to implement key changes to the SMSF sector, including the six-member bill, as part o
The regulator has suggested it expects scaled advice to take over as the dominant form of advice in the industry in the next few years as th
The SMSF Association has called on the ATO to address several critical issues in its final ruling on how the new rules for non-arm’s lengt
SMSF technology platform Class Limited has acquired the documentation service of accounting software provider Reckon.
The professional accounting body believes any move to pause compulsory super increasing from 9.5 per cent to 12 per cent is neither a backfl
The corporate regulator has said its recent win over Westpac in the High Court provides a “clear delineation” to super funds over what c
SMSFs have been urged to give consideration to managing control in a trust as part of estate planning to avoid potential future disputes.
The SMSF loan space is seeing increased efficiency in processes after the exodus of major lenders and is shaping up for a strong appetite th
The practical administrative nature of dealing with breaches for non-geared unit trusts (NGUT) is causing unnecessary costs and is impractic
Australia’s second-largest industry fund has joined calls for intra-fund advice to be expanded to cover topics such as age pension entitle
ASIC has permanently banned a former Sydney financial adviser following his involvement in 14 failed companies, including an SMSF firm.
Dumping the legislated increase in the super guarantee would add $33 billion to age pension costs over coming decades, new modelling by an a
Advisers are set to see a substantial increase in minimum continuing professional education hours each year as the Tax Practitioners Board l
The indexation of the transfer balance cap will cause too many complexities, and if a solution is not found quickly, it could lead to an arr
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