There are many important issues and considerations for SMSFs in the current economic landscape and we were fortunate that CEO, Aaron Dunn was joined by the ATO’s Acting Assistant Commissioner for SMSFs, Steve Keating to discuss what’s ahead for SMSFs in 2020-21. Topics covered In this live event, Aaron explores the following topics…
Details
As parts of Australia work through further periods of lockdown, the Australian Banking Association (ABA) has once again provided an update as to how banks will continue to support customers in NSW and Victoria with loan deferral support. Throughout the COVID-19 emergency period in 2020, the ABA provided loan repayment relief, whereby borrowers were provided…
Details
The ability to make downsizer contributions has been growing in popularity, with an opportunity to utilise these contributions to not only top-up existing super accounts, but to also use as part of a recontribution strategy to improve an individual’s tax-free and taxable components. We have seen in a pre-cursor to the Federal Budget, an announcement…
Details
Are you frustrated in trying to keep on top of an increasingly ever-changing technical and regulatory environment? A “What don’t I know about what I don’t know” kind of feeling…? Which stage do you think you are in currently with regard to your training and development: Unconscious incompetence I do not understand or know how…
Details
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…
Details