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Tax advice exemption discrepancy driving away accountants

Tax advice exemption discrepancy driving away accountants

by Shared by SMSF Adviser | Sep 26, 2017 | News

Earlier this year, the regulator amended the ASIC Corporations (Recognised Accountants: Exempt Services) Instrument 2016/1151 to allow full AFSLs to provide exempt tax advice in relation to products not covered by their licence.Read the full article on SMSF...
Audit firm reports ‘tsunami’ of CGT errors

Audit firm reports ‘tsunami’ of CGT errors

by Shared by SMSF Adviser | Sep 25, 2017 | News

Hayes Knight director of superannuation services Ray Itaoui said the recent superannuation reforms have been the “catalyst for a tsunami of SMSF accounting errors”.  Read the full article on SMSF Adviser.
SMSF firms told not to ‘antagonise ASIC’

SMSF firms told not to ‘antagonise ASIC’

by Shared by SMSF Adviser | Sep 21, 2017 | News

ASIC last week distributed letters to a number of accounting firms in relation to concerns that these firms may be providing financial services. Read the full article on SMSF Adviser.
Government likely to review licensing regime, consultant predicts

Government likely to review licensing regime, consultant predicts

by Shared by SMSF Adviser | Sep 19, 2017 | News

Speaking to SMSF Adviser, Reece Agland & Associates principal Reece Agland said licensing continues to be a big problem for the industry.Read the full article on SMSF Adviser.
SMSFs on ATO’s ‘hit list’ with trust crackdown

SMSFs on ATO’s ‘hit list’ with trust crackdown

by Shared by SMSF Adviser | Sep 7, 2017 | News

Speaking to SMSF Adviser, DBA Lawyers director said the ATO is continuing to target higher risk trust arrangements in privately-owned and wealthy groups through its Tax Avoidance Taskforce.Read the full article on SMSF Adviser.
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