The advancements in technology and integrations have been a significant time-saver to help drive solutions for practitioners, but what if we could bring a seamless document solution right from within your SMSF software, built by Specialist SMSF Document Providers? After user feedback, this is now a reality… watch the webinar below, held on 3 September…
The Australian Taxation Office (ATO) has recently provided updated guidance on their website regarding the cashing requirements as a reversionary pension from a death benefit. In particular, this update provides some ‘concession’ for beneficiaries where for some reason the minimum pension is failed during an income year. Where the minimum pension has not been met…
We are pleased to announce the imminent release of our one-click SMSF setup with Simple Fund 360, where you can instantly create your new SMSF using the data from your fund establishment order on Smarter SMSF. Having successfully completed your new SMSF order, you can now click on the ‘send to SF360’ button on the…
The Australian Taxation Office (ATO) is about to write to approximately 17,700 SMSFs to highlight their concerns that the fund may hold more than 90% or more of its assets in one asset, or a single asset class. From this evidence, the letter from the Regulator raises the issue that the fund may be at…
I read with great interest the release by Treasury of a discussion paper regarding a ‘Review of the Tax Practitioner’s Board’ (TPB) which is requesting feedback and comments on the future role of the TPB and the potential reforms to the regulation of Tax Practitioners in Australia. Of most significance was the perceived recognition that…