ATO takes hard line on in-house asset rules
A recent announcement from the ATO on in-house asset rules has left many in the auditing sector stunned, claims a leading adviser.
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Working after pension age
The Australian Government is assisting older Australians to work, if they are able and wish to do so, by allowing them to keep more of their pension when they have income from work.
Big stamp duty and tax changes for Victoria investors and businesses.
There are three main areas of significant change: Transition from stamp duty to annual property tax for commercial and industrial property. This will apply to commercial and industrial properties acquired on or after 1 July 2024. (existing owners of properties purchased before 1 July 2024 will not be affected). Once a property enters the … Read more
High deposit rates, but the case for equities is strong
Investors can currently lock in attractive term deposit rates, however equities are still likely to outperform cash over the longer term.
Revised NALE rules ‘miss chance to clarify SMSF bugbear
The ATO will need to help trustees work out when an arrangement is internal to the fund for the purposes of non-arm’s length expense rules, says the NTAA.
Our investment and economic outlook, September 2023
Read our region-by-region economic outlook and latest forecasts for investment returns.
6 simple rules will ensure a deed can be executed in all states
There are six simple rules that will ensure a deed is executed properly in every Australian state, says a leading superannuation legal consultant.
The benefits and risks of collectable super assets
While owning collectable and personal use assets inside a SMSF may sound appealing, there’s a big catch.
Too many businesses roll the dice on tax debt: Jordan
Profitable companies that choose to relegate their tax and super obligations will be a focus of the ATO’s crackdown on collectable debt, Commissioner says.