Time extension granted for annual returns


The ATO has announced it will extend the due date for lodgement of SMSF annual returns for 2016/17 to 30 June 2018. “We recognised there are some major new considerations and decisions for SMSFs and their a.. Read More

Unsigned, undated deed updates overlooked


SMSF trustees should check their latest SMSF deed to ensure it is properly dated and signed as unsigned or undated deeds can result in the fund being non-compliant, an SMSF specialist adviser has warned. Verante .. Read More

Importance of family trusts increases


Family trusts are increasingly being used for retirement planning purposes since the government’s changes to superannuation, but must still be regularly updated to work with changes to the law and family circum.. Read More

BGL adds two actuarial certificate providers


BGL Corporate Solutions has released two additional actuarial certificate providers to its Simple Fund 360 software. The corporate compliance software solutions provider has added Haintz Actuarial and Verus Actua.. Read More

Tax professional resource hub launched


The Tax Institute has launched the “Grow Today. Master Tomorrow.” initiative to give tax professionals access to key resources and up-to-date information on the profession. The initiative was an effor.. Read More

Pre-emptive strike on questionable strategies


The ATO’s warning on risky retirement planning arrangements, made recently as part of its Super Scheme Smart initiative, was carried out to prevent SMSF trustees from falling foul of these arrangements bef.. Read More

Relaxed TBAR regime welcomed


The SMSF community has expressed its approval of the announcement from the ATO as to what the rules governing total account balance reporting (TBAR) for superannuation funds will be. The regulator confirmed recen.. Read More

Change of trustee a negligence risk


An SMSF change of trustee document could be a “time bomb” if not properly drafted by a lawyer, due to the numerous hurdles to overcome in order to ensure a valid removal and alteration. “It&rsqu.. Read More

Pension overpayments require vigilance


While the issue of SMSF members meeting their minimum pension payments has received much attention since the new super rules commenced, the overpayment of pension income is equally as crucial an area to monitor, a sp.. Read More

Stake opens US access with SMSFs in mind


Fintech platform Stake has announced the beta launch of Stake Premium, which will provide SMSF investors with direct access to United States share trading without charging any trading fees or commissions. Stake P.. Read More

CGT relief errors surfacing


The ATO has already been notified about errors made in the calculation and implementation of the transitional capital gains tax (CGT) relief provisions contained in the super reforms. Speaking at the SMSF Associa.. Read More

Video: TBAR and ATO requirements

Requirements for the transfer balance account reporting ..View more

Video: Fractional property investment

A different avenue to access residential properties...View more