SMSFA slams ASFA ‘research’ over $3 million tax
Keeli Cambourne
The SMSF Association has refuted “research” by the Association of Superannuation Funds of Australia, claiming that only 1 per cent of SMSFs ...
The SMSF Association has refuted “research” by the Association of Superannuation Funds of Australia, claiming that only 1 per cent of SMSFs ...
SMSFs that invest in commercial property must include a multitude of payments in their GST turnover, says an experienced educator.
There are some positives in the new proposed Division 296 tax specifically around contributions and withdrawals, says a technical services ...
We are in the throes of a significant change to the taxation of superannuation as we await the next stage of the policy design.
The ATO will shortly start issuing Division 293 tax assessments to affected individuals, says a technical manager at the SMSFA.
SMSF trustees with residential property in Victoria will be impacted by the proposed change to the vacant residential land tax (VRLT) set to ...
The government should consider simpler, more effective solutions to the current policy proposal for the $3 million super tax, says CA ANZ
This article was originally published in The Tax Institute’s TaxVine member newsletter on 6 October 2023. The Treasury Laws Amendment ...
A lump sum paid to an SMSF member who has met the permanent incapacity condition of release will be tax-free if that member is considered to ...
As the stage 3 tax cuts loom, advisers should be looking at how concessional contributions may help clients gain tax benefits, says a ...
These two worked examples show how the taxing of unrealised capital gains can have unintended consequences.
An essential aspect of the Australian superannuation system is its provision of various taxation concessions designed to encourage ...
The ATO will need to help trustees work out when an arrangement is internal to the fund for the purposes of non-arm’s length expense rules, ...
A recently published Administrative Appeals Tribunal (AAT) case highlights the strict application of the Notice of Intent (NOI) requirements ...
Advisers can be caught out when a death benefit payment results in unexpected tax liabilities such as Division 293, says a technical ...
A piecemeal approach over time like the ‘better targeting superannuation’ concessions will only add to the complexity of the tax system ...
Amid the impending release of the government's latest Intergenerational Report, SMSFA CEO Peter Burgess says future funding of government ...
The National Tax and Accountants Association (NTAA) said there appears to be a misunderstanding around the new reporting changes that came ...
We have previously issued four prior articles linked to this series focusing on the employee versus contractor distinction.
There is a common misconception about how a life insurance policy must be paid within an SMSF account, says a leading adviser.
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