by Shared by SMSF Adviser | Apr 12, 2016 | News
In recent years, related-party transactions have been high on the ATO’s compliance agenda for the SMSF sector.Read the full story at SMSF Adviser.
by Shared by SMSF Adviser | Apr 8, 2016 | News
In general, a common and persistent issue that triggers ATO penalties is the late lodgement of SMSFs’ annual returns, according to Michael Hallinan, special counsel for superannuation at Townsends Business & Corporate Lawyers. Read the full story at SMSF...
by Shared by SMSF Adviser | Apr 7, 2016 | News
In a pre-budget submission, the Tax Institute said it is advocating the removal of the active member test.Read the full story at SMSF Adviser.
by Shared by SMSF Adviser | Apr 5, 2016 | News
The study revealed that if super fund members (with the exception of pensioners) consolidated their multiple accounts, the average account balance of $50,300 as at June 2015 would rise 79 per cent to $90,000.Read the full story at SMSF Adviser.
by Shared by SMSF Adviser | Apr 1, 2016 | News
Although ASIC has been understood to be “a little lighter” in terms of enforcement at the beginning of a new regime, a spokesperson told SMSF Adviser that accountants who act illegally come 1 July “are as much at risk of enforcement action as anyone else”.Read the...
