by Shared by SMSF Adviser | Apr 27, 2020 | News
According to Peak Super Audits managing director Naomi Kewley, non-geared unit trusts and companies must deal continually on an arm’s-length basis or lose their status as Reg 13.22C vehicles — which generally precipitates the SMSF’s disposal of its shares or units as...
by Shared by Accountants Daily | Apr 27, 2020 | News
The shadow minister for small business, Brendan O’Connor, has now written to Assistant Treasurer Michael Sukkar, calling for the introduction of “a voucher scheme for accredited accountants to assist small businesses” with the JobKeeper payment scheme and cash-flow...
by Maja Garaca Djurdjevic | Apr 27, 2020 | News
To ensure the integrity and the efficient operation of the JobKeeper payment, the Treasurer has announced several clarifications in a statement issued on Friday night, including those addressing employees employed through a special purpose entity, rather than an...
by Shared by SMSF Adviser | Apr 26, 2020 | News
On its SMSF FAQ website page, the ATO said it recognised that COVID-19 impacts such as social distancing or isolation requirements or your tax agent or accountant working from a home office may prevent trustees from signing their SMSF’s financial statements in person...
by Shared by the ABC | Apr 26, 2020 | News
Samantha Rudolph first started receiving text messages offering the promise of quick finance as the coronavirus crisis escalated in March. Read more at the ABC.