Deliberately inserting assumed or “placeholder” audit information into an SMSF annual return can support administrative ...
A pension cannot be started on 1 July in a year that it failed to meet minimum standards as it is not until after 1 July that ...
Timing is key if claiming SMSF establishment costs, Natasha Panagis, Senior SMSF Education Specialist, for Heffron said.
Superannuation contribution deductions cannot be claimed after a superannuation account has been closed, according to a ...
It’s obvious that disqualification has now become an increasingly popular option for the ATO,” he said. “Most disqualifications have been due to illegal early access, but a number have been for ...
The two associations say ASIC’s own investigations into Shield and First Guardian demonstrate consumer harm extended beyond advisers and managed investment schemes, raising doubts about the ...
Interest rate rises are “changing the equation” for SMSFs but not necessarily in the way many trustees might expect ...
A legal personal representative (LPR) may be appointed to be the trustee or director where a member is over the age of 18 ...
The proposal to introduce a minimum 30 per cent tax on income of discretionary trusts means that each unit trust deed should be reviewed to determine whether it qualifies as a fixed trust. Unless the ...
The government’s proposed minimum tax on discretionary trusts has been labelled “unjustifiably punitive”, with Cowell Clarke ...
Some of the most familiar names tied to Shield and First Guardian continue to rack up AFCA complaints, with two firms ...