Div 296 sparking death benefit discussions
The Division 296 impost has prompted SMSF members looking at retaining assets in super to consider the tax impact of their death on their beneficiaries.
The Division 296 impost has prompted SMSF members looking at retaining assets in super to consider the tax impact of their death on their beneficiaries.
The $1 trillion superannuation sector still has significant advice gaps
The head of a prominent funds management house has predicted the proposed Division 296 tax will significantly diminish the supply of critical capital required for start-up companies as many of these enterprises rely on SMSFs for funding.
With the end of the current financial year fast approaching, time is running out if you’re planning to boost your superannuation balance before 30 June.
The recent Federal Court case, Lynn v Australian Financial Complaints Authority [2025] FCA 175, has highlighted the importance of clear succession and estate planning to ensure a deceased member’s super death benefits are paid as intended, a legal specialist has said.
Tariff reprieves, trade deals brighten the economic horizon
The corporate regulator has said it will review an increased number of audit files in the upcoming financial year.
The ATO has issued guidance on what SMSF members need to understand about compliance regarding responsibilities when appointing trustees or directors of a corporate trustee.
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