SMSFs: Can all income be NALI?
Tony Zhang
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
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
With the 2020–21 financial year entering the last quarter, it is timely for SMSF trustees to consider the currency of the fund investment
Earlier today, the Administrative Appeals Tribunal (Tribunal) handed its decision in Coronica and Commissioner of Taxation (Taxation) [2021]
The ATO has released its long-awaited guidance on SMSF auditor independence, reaffirming the requirements set out in APES 110 Code of Ethics
SMSFs appear to have a great appetite for investing in real estate and becoming involved with making improvements to property and, in some c
The recent New South Wales Supreme Court decision of G v G (No. 2) [2020] NSWSC 818 (G v G) provides important guidance on the limitations
Firms are urged to “grab the bull by the horns” and proactively adopt new SMSF independence measures.
Advisers would be well aware of the ATO’s “safe harbour” regarding the application of non-arm’s length income (NALI) to related-part
Planning for the eventual passing of superannuation death benefit payments in the most tax-effective manner has, by necessity, changed follo
One of the main advantages of a testamentary trust (TT) set up under someone’s will is that the terms can be drafted such that they compl
There is an increasing number of SMSFs that invest in 50/50 unit trusts. That is, an SMSF has a 50 per cent interest in a unit trust, with
Related-party rental valuations are fast becoming the next big COVID challenge for SMSF trustees.
When establishing a unit trust, consideration of legal risks and liabilities is often overlooked. As a general principle of law, the truste
There are an extensive number of reporting obligations relating to SMSFs, with the main one approaching in just a few days for some funds.
When dealing with limited recourse borrowing arrangements (LRBAs), it is important to understand the consequences that may arise where the L
Is there a legal requirement to have a commercial lease in place with unrelated tenants?
Share prices are likely to further appreciate as investors gain greater confidence in the ongoing economic recovery at a time when interest
How to determine where your firm is in the “APES110 acceptance cycle” and minimise disruption.
Following the challenges and uncertainty of 2020, a technical expert has outlined some simple changes that clients can make in relation to s
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