The legislation to implement the capital gains tax changes announced in the May 2026 Federal Budget...

Division 293 tax is familiar territory for most SMSF advisers. What is still catching trustees out...

February’s AWOTE numbers mean the concessional contributions cap will increase to $32,500 from 1...

An SMSF without defined benefit pensions generally only needs an actuarial certificate if its...

The ATO’s long awaited update to LCR 2021/2 was released late last month.

Spoiler alert – no. It would be better than nothing but would perhaps make less difference than you...

The more we talk at Heffron about the impact of failing to pay the minimum pension, the more...

There’s something about property that SMSF trustees find irresistible. But for every conversation...

When an SMSF receives an insurance payout under an income protection policy, the insured member...

Finally. About. Bloody. Time.

The big challenge with reserves under current law is that unless they are allocated in quite small...

Recent legislative amendments have reduced the tax penalty for some expense shortfalls but not all.