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SMSFs flagged on LRBA contributions traps

SMSFs flagged on LRBA contributions traps

by Shared by SMSF Adviser | Apr 19, 2021 | News

Speaking on a recent BT technical webinar, technical consultant Tim Howard flagged tips to better fine-tune strategies to navigate the contribution impacts from LRBAs on the total superannuation balance (TSB).  Read more at SMSF Adviser. 
Tribunal upholds agent’s registration termination for ‘grossly’ misapplying tax law

Tribunal upholds agent’s registration termination for ‘grossly’ misapplying tax law

by Shared by Accountants Daily | Apr 19, 2021 | News

Brisbane-based tax agent Alan Norman, the principal and sole director of G Norman & Associates Pty Ltd, saw his registration cancelled by the Tax Practitioners Board (TPB) in December 2019 after it found that he was no longer a fit and proper person. Read more at...
Small businesses offered fees and charges rebate of $1,500

Small businesses offered fees and charges rebate of $1,500

by Maja Garaca Djurdjevic | Apr 19, 2021 | News

To help businesses recover from the impacts of COVID-19 and encourage growth, the NSW government has introduced $1,500 rebates for small businesses, sole traders and not-for-profit organisations. Eligible businesses or not-for-profits only need to apply for the rebate...
Aged care and women’s security key parts of upcoming budget

Aged care and women’s security key parts of upcoming budget

by Maja Garaca Djurdjevic | Apr 19, 2021 | News

While the Prime Minister has refused to comment on the upcoming federal budget, reports are suggesting the government is preparing to direct $10 million to aged care in response to the Royal Commission into Aged Care Quality and Safety, which made some rather damning...
Timing liquidity risk impacts on the SMSF property investment strategy

Timing liquidity risk impacts on the SMSF property investment strategy

by Shared by SMSF Adviser | Apr 16, 2021 | News

In a SuperConcepts technical online update, technical executive manager Graeme Colley said that while there is a current frenzy in property prices, its important make-up in an SMSF requires closer attention to the liquidity of the fund and the various risks it...
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