MEDIA RELEASE BGL Corporate Solutions, Australia’s leading supplier of SMSF administration and ASIC corporate compliance solutions, is proud to announce an industry first integration with Smarter SMSF – allowing CAS 360 and Simple Fund 360 clients to purchase Smarter SMSF documents from within their BGL software. “We’re thrilled to launch this new service with Smarter…
The ATO has advised that from early March 2019, the timeframe for new self-managed super funds (SMSFs) to become ‘Complying’ on Super Fund Lookup (SFLU) will be shorter. Several days after registration, you will now see the fund appear on SFLU as ‘Registered – status not determined’. A few days later, the notice of compliance…
The ATO on 4 March 2019 have published the super rates and thresholds for the upcoming 2019/20 financial year. There is no change to the concessional contribution (CC) cap of $25,000. Whilst indexation from 1 July 2017 increases in $2,500 increments, the AWOTE indexation was insufficient to trigger and increase. As a result, there…
It is disappointing that the debate around refundable franking credits has denigrated into class (and age) warfare in regards to who is most ‘entitled’ to the savings expected to be derived through Labor’s proposed policy change should they come into government in May 2019. It was Chris Bowen’s comment that “if you didn’t like our…
