ATO

Policy & Regulation

The Institute of Public Accountants warns the ATO must get its technology right before moving to ‘push’ tax returns....

Superannuation

There is clearly regulatory concern about the activities of property spruikers as they seek to target SMSFs and, as Mike Taylor writes, a clear message needs to be sent. ...

Superannuation

ICAA gives conditional support to 'push' tax returns

The Institute of Chartered Accountants has given qualified support to moves by the ATO to implement so-called 'push' or 'pre-filled' tax returns for people with relativel...

Superannuation

SMSFs and reserving strategies

Peter Hogan explains some of the issues and obstacles that may be faced when attempting to create reserves in an accumulation-style SMSF. ...

Policy & Regulation

ATO signals ‘push’ tax returns

The ATO flags kicking off the implementation of ‘push’ tax returns in 2014....

Superannuation

Are SMSFs contributing to a property bubble?

Are SMSFs contributing to a property bubble and gaining an unfair advantage in the process? Peter Kelly begs to differ....

Superannuation

Excess superannuation contributions after the 2013 changes

Holley Nethercote's David Court outlines the current law regarding the taxation of excess superannuation contributions. ...

Superannuation

Care needed on superannuation borrowing

DB Lawyers' Bryce Figot warns SMSF trustees to get their own private binding rulings from the ATO. ...

Editorial

Philanthropy and financial planning – a gift that keeps on giving

Although many people’s approach philanthropy is to leave a bequest in their will to a favourite charity, Tabitha Lovett argues that giving while living is a much more rew...

Editorial

How big should ‘son of Wallis’ grow?

The Federal Treasurer, Joe Hockey, has signalled a “son of Wallis” review of the Australian financial system and, as Mike Taylor writes, the industry is already starting ...

Superannuation

SMSF exposure to residential property over-stated

SPAA claims the level of exposure of SMSFs to residential property is being over-stated. ...

Accounting

Gold Coast accountant jailed for tax evasion scheme

A Queensland accountant who helped his clients avoid paying more than a million dollars in tax has been sentenced to six years in prison. ...

Superannuation

Why superannuation change is necessary

Maybe it’s the necessary evil, but superannuation change is not only necessary, it’s also inevitable. Bryan Ashenden states the case. ...

Superannuation

How to deduct super contributions by passive investment trusts

DBA Lawyers’ David Oon and Bryce Figot take a cautious look at deducting superannuation contributions for directors of trustees of ‘passive’ investment trusts. ...

Superannuation

How the SMSF in-house asset rules work

It is vital SMSF practitioners have a thorough understanding of the in-house asset rules in order to avoid potential breaches. AMP SMSF's Peter Burgess explains how the i...