The government has announced today (22 March) the second round of measures as part of its economic response to the coronavirus. This includes a range of measures that have a direct impact on superannuation, which includes: Temporary early release of superannuation Temporarily reducing super minimum drawdown rates Reducing social security deeming rates This blog post…
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The government has announced today (22 March) the second round of measures as part of its economic response to the coronavirus. This includes a range of measures that have a direct impact on superannuation, which includes: Temporary early release of superannuation Temporarily reducing super minimum pension drawdown rates Reducing social security deeming rates This blog…
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This blog post is to provide you with an update as to how as a business at Smarter SMSF we are responding the the current coronavirus pandemic. As you know, many businesses have instigated a work-from-home (WFH) policy for their staff. We have been closely monitoring Government guidance regarding taking appropriate steps for the safety…
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With the Australian Taxation Office (ATO) having recently published updated guidance on their expectations regarding compliance with SIS Regulation 4.09, we have made a small, but important additional feature for users in preparing an SMSF investment strategy report on the Smarter SMSF platform. From this ATO guidance, we have added two additional features now allowing…
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The ATO has recently published the top 5 mistakes made on SMSF annual returns (SARs) and how they can be avoided when lodging current and future SARs. We share these with you below and provide some of our own commentary around these topics: Bank account not unique to the SMSF A fund needs a…
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