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Joint Media Release: Lack of consultation on new legislation could lead to unintended consequences for tax professionals
SMSF Association Joint Media Release SYDNEY, 15 November 2023: Amendments to the Treasury Laws Amendment (2023 Measures No. 1) Bill 2023 (the Bill) were accepted by the Government in the
Ethical practices front and centre at the upcoming National Conference
SMSF Association Media Release There will be a strong focus on ethical behaviour at the 2024 SMSF Association National Conference being held at the Brisbane Convention & Exhibition Centre from
Joint submission – Treasury – Securing Australians Superannuation (Payday Super) – Consultation Paper
SMSF Association Submission Securing Australians’ superannuation Chartered Accountants Australia and New Zealand, CPA Australia, the Institute of Public Accountants, the SMSF Association, Financial Advice Association Australia and The Tax Institute
ATO Update: SMSFs to navigate enhanced online security measures
As part of the ATO’s commitment to safeguarding taxpayer’s information from fraudulent activity and identity theft, an added layer of verification will be introduced to ensure that only authorised tax
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
Super specialists to level up at annual National Conference
SMSF Association Media Release With all the conversations taking place around proposed changes to tax structures and the advancements in practice strategies, the SMSF sector is energised. It’s this bristling
Joint – CAANZ CPA IPA SMSFA – Senate Standing Committees on Economics_Treasury Laws Amendment Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2023, Schedule 7: Non-arm’s length expense of superannuation funds
SMSF Association Submission Chartered Accountants Australia and New Zealand, CPA Australia, Institute of Public Accountants, SMSF Association and The Tax Institute (together, the Joint Bodies) welcome the opportunity to provide
SMSFA – Senate Standing Committees on Economics_Treasury Laws Amendment Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2023, Schedule 7: Non-arm’s length expense of superannuation funds
SMSF Association Submission The SMSF Association welcomes the opportunity to provide this submission in response to Treasury Laws Amendment (Measures for Consultation) Bill 2023, Schedule 7: Non-arm’s length expense of
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
Draft super tax legislation riddled with unintended consequences
SMSF Association Media Release Small business owners and farmers with their land or business premises owned by their SMSF are the big losers in the draft legislation on the Better
SMSF Association Submission – Better Targeted Superannuation Concessions – Exposure Draft
SMSF Association Submission The SMSF Association welcomes the opportunity to provide this submission in response to the Government’s exposure draft legislation on the Better Targeted Superannuation Concession. We would like