Pbis smsf 2020 2

Implications for SMSFs with phase 2 of ABA’s loan relief

The second phase of the Australian Banking Association’s support for borrowers provides an important...

Pbis smsf 2020

Nearly a quarter of SMSFs yet to lodge return

New lodgement figures from the ATO indicate that nearly 450,000 SMSFs have lodged their 2018–19 SMSF...

PBIS smsf 29062020 02

New guidance to clear the ‘murky waters’ of auditor...

Fresh guidance released by the Accounting Professional and Ethical Standards Board has clarified...

PBIS smsf 29062020

More SMSF auditors caught by ATO’s independence crackdown

As part of its high-risk auditor program, the ATO has already referred 37 SMSF auditors to ASIC this...

$150k instant asset write-off extended for 6 months

$150k instant asset write-off extended for 6 months

The $150,000 instant asset write-off has now been extended until the end of the year as the...

PBIS smsf

Accountants eye potential SMSF pool

Accountants are looking to grow their self-managed super fund client base despite a drop in SMSF...

ATO open to digital signature use

ATO open to digital signature use

The ATO has stated a digital signature was acceptable for use on SMSF financial statements where...

Consumer satisfaction up for SMSFs, down for industry funds

Consumer satisfaction up for SMSFs, down for industry funds

New data from Roy Morgan has shown self-managed superannuation and public sector funds both...

SMSFs not exempt

SMSFs not exempt from early release

The number of hard hit small business proprietors with their own self-managed superannuation funds...

Alternative turnover

Alternative turnover test for JobKeeper released

An alternative decline in turnover test for the JobKeeper payment scheme has now been registered by...

ATO withdraws cash

ATO withdraws cash-flow boost lodgement timing guidance

The ATO has now withdrawn its guidance on timing the lodgement of business activity statements to...

Tax Commissioner yields on lodgement deferral

Tax Commissioner yields on lodgement deferral

The ATO will now apply blanket lodgement deferrals following intense pressure from the joint...

ATO confirms ‘one in, all in’ JobKeeper feature

ATO confirms ‘one in, all in’ JobKeeper feature

Employers will not be allowed to cherry-pick employees to put forward for the JobKeeper payment...

Early super access could halt insurance cover

Early super access could halt insurance cover

Members accessing their super early under the federal government’s COVID-19 relief measures need to...

NSW announces 25% land tax relief for commercial,...

NSW announces 25% land tax relief for commercial,...

New South Wales commercial and residential landlords will now receive up to $440 million in land tax...

Treasurer releases JobKeeper rules

Treasurer releases JobKeeper rules

Treasurer Josh Frydenberg has now released the rules governing the JobKeeper scheme as the...

Accountants granted temporary AFSL exemption

Accountants granted temporary AFSL exemption

Accountants without a financial services license will now be able to provide advice to clients on...

Super changes in COVID-19 measures - what it means for SMSFs

Super changes in COVID-19 measures - what it means for SMSFs

The government has announced it will make major changes to superannuation in its second stimulus...

Trustees not reaping full benefit of SMSFs Pbis

Trustees not reaping full benefit of SMSFs

Many trustees are too busy to implement an investment strategy for their fund that will maximise the...

Property SMSF Pbis

Buying a property via an SMSF

Buying a property within an SMSF is a common transaction, but there are some important rules to...

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