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.
Financial Planning
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.
Unfair Terms in a Standard Form Contract
As a business owner, you probably enter into contracts every day. Contracts are crucial as they document and govern the relationship between your business and various parties. It is common to offer the parties you interact with the same or similar contracts. These are examples of a standard form contract.
Super gender divide to remain a challenge
The Federal Government has flagged it expects the gender gap in superannuation balances to persist well into the future.
Last chance for $25,000 super deduction
For those with a super balance under $500,000, the 2024 financial year is the final year unused concessional contributions from the 2019 financial year can be applied.
Managing complex relationships in SMSFs comes down to well-crafted deeds
Marriage breakdowns and SMSFs are tricky and expensive, but if the fund has extended family members included it can get even trickier, says the head of a national SMSF advice company.
