Government proposes new ACL obligations

Government proposes new ACL obligations

The Morrison government has released for consultation a raft of exposure draft legislation for public comment, which will implement 22 recommendations and two additional commitments arising from the Royal Commission into Misconduct in the Banking, Superannuation and...
SMSF investment strategies on AFCA radar

SMSF investment strategies on AFCA radar

Speaking in a recent webinar, Smarter SMSF chief executive Aaron Dunn said in discussion with AFCA at the FPA Congress last November, the ombudsman service had revealed a number of active cases involving non-compliant investment strategies within SMSFs. Read more at...
Employers with WPN granted STP extension

Employers with WPN granted STP extension

While generally employers of all sizes need to report using Single Touch Payroll (STP), the ATO has issued a notice advising that the exemption for employers with a WPN, reporting using STP has been extended to the 2020-21 financial year. “If you decide to make use of...