The SMSF audit post-COVID-19: Related commercial tenancies
The SMSF industry is experiencing rapid change in the wake of COVID-19. The goalposts of commerciality have shifted, as have the reporting requirements for SMSF
SMSFs and rent relief due to COVID-19
SMSFs that own property are facing the prospect of tenants falling behind in their rent payments and their other obligations under the lease due to
COVID-19 and early access to super
People financially affected by the coronavirus pandemic can access some of their super, but what will it cost long-term? Who is eligible to access super
Minimum super withdrawal reduced by 50% for retirement phase pensions
IMPORTANT: Minimum super withdrawal reduced by 50% for retirement phase pensions In response to the COVID-19 pandemic, the Federal Government recently announced that the minimum
SMSFs continuing to diversify
It’s time to call a spade a shovel. When the two latest controversies surrounding Self-Managed Super Funds (SMSFs) – single-asset funds (typically property) and the
The do’s and don’ts of property investing for SMSFs
Self Managed Super Fund trustees are no different to many other Australians – they relish the opportunity to invest in direct property. Australian Taxation Office
ATO investigating errors in SMS alert service
The ATO is investigating system errors in its newly launched text message alert service for SMSF trustees which were mistakenly triggering alerts for trustees upon
ATO cuts six-member fund work
The ATO has signalled it will not be preparing for the introduction of six-member SMSFs or the three-year audit cycle after it dropped them from
