SPAA has welcomed the proposed penalty system changes for SMSFs, saying trustees who break the rules will be treated more equitably....
Treasury has outlined the details of its administrative penalties regime for trustees of SMSFs, which will apply from 1 July, 2013....
The ATO has recently provided some clarification regarding in-specie contribution of property. Nicholas Ali explains....
The Australian Taxation Office has confirmed that the income tax amendment period for 'potential' trust beneficiaries is four years....
SPAA concerned at implications of draft ATO ruling....
The Australian Taxation Office (ATO) has warned taxpayers to be careful about claiming large input tax credits when acquiring intangible items at grossly inflated values....
Law firm cautions SMSF trustees to be prepared for a more probing approach from the ATO this year....
Claims that SMSFs have no recourse against fraud and theft are simply not true, according to SPAA....
Peter Burgess believes many SMSFs are failing to claim valuable tax deductions....
Lawyer warns that some investors are misinterpreting the rule changes around renovating older dwellings....
Accountants warn that draft SMSF auditor registration bills may fall short of objectives....
A recently finalised court case has given us new and valuable insights into when the Commissioner's discretion to disregard contributions is likely to be exercised. David...
Jennifer Brookhouse outlines the potential complications related to the new SMSF trustee remuneration rules....
Amid the ATO's confirmation that it will again be focusing on trusts, the Institute of Chartered Accountants has called for a simpler tax regime....
The Australian Taxation Office has unveiled a new program for the 2012-13 financial year that will put the spotlight firmly on self-managed superannuation funds....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...