Category: News articles

Be on the lookout for Division 293 tax notices

When determining an individual’s liability to Division 293 tax, the ATO uses information obtained from the individual’s personal income tax return, as well as information reported to the ATO by […]

Disposing of in-house assets when the 5% limit is exceeded

Following the publication of a recent media article, we have received numerous member enquiries in relation to the proper treatment of in-house assets. Specifically, what must occur when a fund […]

$3 million cap advocacy update – Join our Roundtable Sessions

Last week, Association Chair, Scott Hay-Bartlem, and I travelled to Canberra to meet with politicians and Treasury officials. The topic of discussion was the proposed new tax on super balances […]

accountantsGPS – How AI delivers a game-changing strategic analysis of an SMSF in under 5 minutes

Sponsored Content provided by accountantsGPS | Proud partner of the SMSF Association New subscription platform allows accountants to provide exceptional value to SMSF clients at minimal effort and cost. Savvy […]

Future2 Foundation – Wheel Classic and Hiking Challenge

Content provided by Future2 | Proud partner of the SMSF Association Last chance to register for Future2’s Wheel Classic and Hiking Challenge, held from 16-19 November in Adelaide! For cycling […]

SMSF Property valuations – Walking the tightrope of ATO guidance and auditing standards

For all SMSFs, it is a regulatory requirement that assets be valued at their market value when preparing a fund’s annual accounts and financial statements. Additionally, SMSF auditors are obligated […]

Did Active Managers Find Opportunities to Outperform? Mid-Year SPIVA® Australia 2023 report

Content provided by S&P Dow Jones Indices | Proud partner of the SMSF Association The latest Australian edition, the SPIVA Australia Mid-Year 2023 Scorecard, provides a number of interesting insights […]

The Dos and Don’ts of Your SMSF Property Investment

First published in the Eureka Report on 12 September 2023. Neil Sparks, head of membership & corporate development at the SMSF Association, lists all the things you can’t do with […]

The importance of getting all things NOI right at tax time

As many individuals start to turn their minds toward meeting their tax time obligations, a recently published Administrative Appeals Tribunal (AAT) case highlights the strict application of the Notice of […]

How family super funds can boost wealth

First published in the Financial Review on 6 September 2023. New rules that allow SMSFs six members rather than just four offer opportunities for transferring assets to the next generation, […]