News: Legislation

Director IDs - where are we now?

It is now possible for directors of companies to apply for a “director identification number” (director ID). These will become compulsory over time and we’ve written about them before (see here). But what do we have to do right now?

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Walking the SMSF expenses tightrope

There’s been plenty said lately on ensuring SMSFs pay market rates for the services they receive or the fund’s income could be taxed as NALI. But it’s also important to not go the other way and adopt an “if in doubt, pay it from the SMSF” approach.

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