News

The SIS Act pays special attention to the inherent conflict of interest that exists in all SMSFs due to the trustees...

If a fund increases in value for any non-investment related activity the increase will be a deemed contribution. Most...

We all know that the level of in-house assets cannot rise above 5% of the fund value at the end of the financial year...

Recently I was asked if an employee, offered discounted shares in her unlisted employer under an employee share...

On occasion, SMSF members illegally access preserved benefits. Even though this constitutes a breach, if the amount is...

The SMSF Association has released a report prepared by the University of Adelaide which has overturned some...

Our last week's summary of the changes to super legislation avoided discussing the pension choices that apply in this...

Treasury Laws Amendment (Enhancing Superannuation Outcomes For Australians and Helping Australian Businesses Invest)...

Even though the 12.5% CGT withholding regime was introduced to catch foreign transactions it requires the satisfaction...

SMSF residual reserves are a challenge to trustees wishing to distribute them. It is expected that, when the...

A new government death notification initiative facilitates contact with multiple organisations using a single online...

Children who are financially dependent on a deceased parent will pay no tax on receipt of the taxable component of the...

BT Panorama SMSF has ceased accepting new business from 23rd December. They will assist with an orderly transfer of...

There is a fundamental, industry-wide flaw in the reporting of investment strategy allocations against benchmarks....

Just a reminder that an individual will automatically trigger the bring forward rule from 1 July 2020 if the member...