A superannuation train wreck looms
Tony Zhang
The Morrison government now has less than 90 days to decide what to do with superannuation’s “40-year promise”.
The Morrison government now has less than 90 days to decide what to do with superannuation’s “40-year promise”.
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
The new changes of super contributions caps will see the start of a return of transition to retirement income strategies, as the indexation
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
The cloud-based SMSF preparation and audit automation technology provider has revealed its latest release of new financial workpaper solutio
A former AMP adviser has started a data project to record the experiences of planners terminated by the wealth giant, with statistics so far
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 architect of Australia’s superannuation system believes members need between $300,000 and $500,000 in retirement, meaning that the rat
The Reserve Bank of Australia has made its decision on the official cash rate for April ahead of a surge in the housing market and policy im
With the Parliament yet to pass the six-member SMSF bill entering April, the new changes can only come into effect in the next financial yea
In instances where SMSFs will need to use an unsegregated method to calculate ECPI, funds will need to understand the approach when consider
The ATO has published a new version of the form which requests rollover of the whole balance of superannuation benefits between funds.
The fee-for-service business model as well as escalated regulatory obligations are preventing advisers from recommending annuities, accordin
A new update has been applied to the recently released ATO independence guidance for approved SMSF auditors.
Earlier today, the Administrative Appeals Tribunal (Tribunal) handed its decision in Coronica and Commissioner of Taxation (Taxation) [2021]
Understanding the various approaches and legal positions for an SMSF when facing the ATO will be crucial to effectively deal with the multit
Evolv has entered into a strategic alliance with AuditMatch aimed to deliver rapid solutions for accounting firms facing the SMSF audit inde
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