iscover
Advisers alerted to tips and traps of recontributions
Miranda Brownlee
With the 1 July changes to the new work test rules now in play, there is an added layer of complexity to superannuation contribution strateg
With the 1 July changes to the new work test rules now in play, there is an added layer of complexity to superannuation contribution strateg
SMSF clients should be cautious about investments in private companies where there is an operational entity as there is increased risk, says
Without a legislative fix for the issues involving non-arm’s length expenditure of a general nature, auditors will be forced to undertake
The Tax Office will begin mailing SMSF auditors next month to help identify funds that have fraudulently used SMSF auditor numbers.
The death benefit system is in need of review to ensure it’s fit for purpose for the modern super system.
The Federal Court has handed out penalties of $14.5 million to AMP companies for charging fees for services that were not provided to 1,452
Momentum Markets (www.momentummarkets.com.au) has today confirmed it has acquired leading financial media platforms Money Management and Sup
The ATO is paying closer attention to attempts by accountants to “patch up” mistakes by SMSF clients involving the removal of money from
The ATO is urging SMSFs to get their asset valuations done before their annual audit to help avoid delays and late lodgments.
Documentation provider LightYear Docs has announced a comprehensive windup and vesting package for discretionary trust, SMSFs and unit trust
The SMSF Association has appointed a new technical manager as it focuses on further enhancing its SMSF specialist advisor program.
With bankruptcies increasing and the ATO chasing thousands of directors over tax debts, SMSF disqualifications could be set to rise, says a
The merger was revealed earlier this month.
The ATO is now closely analysing the terms and conditions of valuations which may raise risks for SMSFs in relation to non-arm’s length in
The Federal Court has imposed a penalty on Dixon Advisory for breaches of the best interest obligations in relation to SMSF advice.
A draft proposal to expand the provision of advice by super funds will reignite issues with conflicted advice, the Shadow Minister for Finan
While an increase in the general transfer balance cap on 1 July is now highly likely, the contribution cap thresholds are look likely to rem
The ATO wants industry to focus on the big issues with non-arm's length income and expenditure and avoid ‘getting bogged down’ in minor
When advising on binding death benefit nominations, advisers need to consider the risk of death benefits potentially becoming subject to pro
SMSFs have been warned that holding onto property assets to avoid claims on personal guarantees may be a compliance issue.
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