The ATO has provided an update using Online services for agents that now allows viewing transfer balance cap information and to also lodge the Transfer balance account report (TBAR). Lodging an electronic TBAR You can now lodge a transfer balance account report (TBAR) electronically by completing an interactive form in Online services for agents. The electronic…
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Having resisted the temptation for much of the past 12 months, the voice of our members grew over this time in their request to add a discretionary (family) trust document into the Smarter platform. Well, having embarked on this process over the past couple of months, we are now excited to announce that release of…
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As we continually seek ways to provide easy-to-use documents and workflows as well as meet your individual needs, we have come up with a way that we think will work best for you. Introducing our new Create (Document) Packages Our new CREATE packages are based on only paying for the number of documents you need. With the…
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The Victorian Government has recently announced that eligible businesses will be able to benefit from rent relief if they have experienced a loss in turnover of more than 30% during the pandemic, with the introduction of the Commercial Tenant Relief Scheme Act 2021 (“the Act”). It is currently understood that the Act will align with…
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The ATO released a draft Law Administration Practice Statement on 15 December 2021, PSLA 2021/D3: Superannuation – Commissioner’s discretion where members receive benefits in breach of legislative requirements, on circumstances where the Commissioner can apply discretion in subsection 304-10(4) of the ITAA 1997 where a member receives superannuation benefits in breach of legislative requirements. Where…
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