by Shared by SMSF Adviser | Jan 29, 2016 | News
When compared with other areas of the tax system, superannuation is one of the “biggest and most easily reformable”, director of tax communications at H&R Block, Mark Chapman, told SMSF Adviser.Read the full story at SMSF Adviser.
by Shared by SMSF Adviser | Jan 28, 2016 | News
The fund manager said according to the ATO’s most recent report, at 30 June 2015 SMSFs held $13.5 billion in borrowings, representing 2.3 per cent of the total value of assets held within SMSFs.Read the full story at SMSF Adviser.
by Shared by SMSF Adviser | Jan 27, 2016 | News
In a statement issued to SMSF Adviser, the Palmer United Party said that Australia holds one of the highest amounts of superannuation funds of any country, currently at $2 trillion.Read the full story at SMSF Adviser.
by Shared by SMSF Adviser | Jan 25, 2016 | News
Speaking to SMSF Adviser, Argyle Lawyers managing principal Peter Bobbin said the GFC caused many people to suffer personal lifestyle cash flow problems, with some trustees unable to resist illegally accessing their SMSF cash, particularly given the ease of...
by Shared by SMSF Adviser | Jan 15, 2016 | News
In late 2014, the ATO released two interpretative decisions which indicate that borrowings on non-commercial terms can cause non-arm’s length income. Read the full story at SMSF Adviser.