The ATO’s strategic increased focus on compliance is having a noticeable effect on the sector and is now the most common reason why many SMSF trustees have closed their funds, the latest Investment Trends research has shown.
The bill that will introduce changes to the non-arm’s-length expenditure (NALE) provisions has passed through parliament and is now awaiting royal assent before it can take effect, possibly as early as 1 July.
Longevity risk is a growing concern for many working Australians as well as retirees.
How SMSF trustees are investing their retirement savings.
The super changes on the way from the start of the 2024-25 financial year.
With the expansion of the downsizer contribution, the timing of when it is used can affect how to use non-concessional contributions.
Why the decision to keep deeming rates on hold may be a window for interest rates.
With the stage three tax cuts set to be implemented in around six weeks, opportunities for tax-saving strategies should be considered soon.
