News & Insights
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Legislation
Super and natural disasters: Loss of SMSF documents
Jan 16, 2020, 12:00:00 AM
2
min read
The recent bushfires across Australia have impacted many thousands of individuals and small businesses and prompted an ...
Pension |
Legislation |
Transfer Balance Cap
Limited solution to market linked pension commutation problem
Dec 11, 2019, 12:00:00 AM
4
min read
Holders of a market linked pension (sometimes known as a term allocated pension) and/or a complying life expectancy pension ...
Legislation
Non arm’s length income when a fund incurs non arm’s length expenses
Nov 20, 2019, 12:00:00 AM
5
min read
It’s good to hear that the ATO has flagged that it is “not looking to dedicate compliance resources” to locating and executing ...
Ask an Expert |
Legislation
SMSFs and administrative penalties
Oct 31, 2019, 12:00:00 AM
2
min read
Administrative penalties are just one of the many options available to the ATO to encourage fund trustees to comply with the ...
Legislation |
LRBA
LRBA amounts to be included in Total Superannuation Balance
Oct 4, 2019, 12:00:00 AM
5
min read
Treasury Laws Amendment (2018 Superannuation Measures No.1) Bill 2019 has received Royal Assent and in relation to the TSB ...
Legislation |
Super Guarantee
ATO flexes muscles on lodgement deadlines - but is that really a bad thing?
Sep 20, 2019, 12:00:00 AM
2
min read
The ATO updated its policies around the implication of late SMSF Regulatory returns on Wednesday - alerting trustees and ...
Trustee |
Legislation
ATO focusing on investment strategy diversification requirements – what do trustees and auditors need to do?
Sep 9, 2019, 12:00:00 AM
7
min read
The ATO recently identified approximately 18,000 SMSFs who hold 90% or more of their assets in a single asset or a single asset ...
Death |
Legislation
SMSF Death Benefits
Sep 2, 2019, 12:00:00 AM
2
min read
The term “as soon as practicable” appears several times in tax and superannuation law – it’s never defined and often has ...
Death |
Legislation
Can an attorney under an Enduring Power of Attorney (EPOA) make or renew a binding death benefit nomination (BDBN) for a member?
Aug 31, 2019, 12:00:00 AM
3
min read
Historically this question has been difficult to answer. While there does not appear to be any restriction in the ...
Legislation |
LRBA |
Super Guarantee
Parliament resumes – Superannuation measures introduced
Jul 26, 2019, 12:00:00 AM
4
min read
The Government has introduced two bills to the House of Representatives; one that had previously lapsed when the Federal ...
Trustee |
Property |
Legislation
My SMSF owns premises which it leases back to my business. What do I need to do to make sure the arrangement complies with the superannuation law?
Jul 9, 2019, 12:00:00 AM
3
min read
Approximately 10% of SMSFs own commercial property and often this commercial property is leased to a related party (eg a ...
Tax |
Legislation
Federal Election 2019 - where are we now?
May 20, 2019, 12:00:00 AM
2
min read
It seems few are more surprised than Scott Morrison that the Liberal / National Coalition will be forming Government after the ...
