Peter Hogan, Head of Technical for the SMSF Association and a highly respected and revered SMSF specialist, is retiring after four years in the role, effective 30 September. A lawyer […]
Since the ability for SMSFs to borrow to purchase an asset was introduced in 2007, LRBAs continue to represent a relatively low proportion of overall SMSF assets. The latest ATO […]
There were several important bills passed during the June 2020 parliamentary sitting, none more so than the bill that provides a much needed 12 months extension for financial advisers to […]
The ATO’s 2017-18 Statistical Overview of SMSFs shows the median “operating expense” of SMSFs is $3,923 a year, a more appropriate indication of their basic operating cost compared with the […]
SMSF Association Joint Submission Association of Financial Advisers (AFA), CPA Australia, Chartered Accountants Australia and New Zealand (CA ANZ), SMSF Association (SMSFA), Financial Planning Association (FPA) and Institute of Public […]
The passing of legislation giving the financial advice profession more time to complete the Financial Adviser Standards and Ethics Authority (FASEA) exam and meet the qualification requirements has the full […]
The SMSF Association Technical Day will be bigger and better in 2020 – COVID-19 notwithstanding. The addition of a concurrent stream means there will be more sessions delivered than ever […]
The ATO has released Practical Compliance Guideline PCG 2020/5 which explains their compliance approach in respect of applying the non-arm’s length income (NALI) provisions to non-arm’s length expenditure. This Guideline […]
First published in The Sydney Morning Herald on 09 June 2020. One of the benefits of saving for retirement through a self-managed super fund is that when you need to […]
The Government’s commitment to increase the age when the work test starts to apply from 65 to 67 and the age limit for spouse contributions from 69 to 74 before […]
