taxation

Superannuation

SPAA wants superannuation pension stream clarified

SPAA has called on the ATO to clarify superannuation income streams so SMSFs are not caught out by new legislation....

Superannuation

Estate planning considerations when commencing a pension

SMSFs need to carefully consider the estate planning ramifications before commencing a pension or their beneficiaries might face serious tax consequences, explains Nichol...

Financial planning

ATO managing 1.4 million debt cases

The Australian Taxation Office has acknowledged that it is managing 1.4 million debt cases worth in excess of $14 billion....

Financial planning

Product providers want better portfolio administration solutions

Product providers are turning to software solutions to help them get new investment products to the market ahead of legislative changes, according to Bravura Solutions he...

Superannuation

When is a grandchild financially dependent on a grandparent?

DBA Lawyers discuss the hurdles in proving financial dependency where grandchildren receive death benefits from their grandparents' SMSFs....

Superannuation

Assets constituting trading stock – an exception to the rule no more

Assets constituting trading stock were once the exception to the rule, as they did not have to be treated according to the CGT provisions. DBA Lawyers' Bryce Figot and Na...

Superannuation

A guide to the tax benefits of asset segregation

The asset segregation approach in volatile times could provide a number of tax benefits. The SMSF Academy’s Aaron Dunn explains....

Superannuation

The legal responsibilities of SMSFs

The benefits associated with utilising a self-managed super fund come with legal responsibilities and getting it wrong can be criminal, warns Matthew McKee....

Financial planning

Agribusiness: missing the wood for the trees

There is more to the agribusiness universe than tax-effective managed investment schemes, according to Zenith senior investment partner Dugald Higgins....

Financial planning

ATO prosecutes 1,500 this financial year

The Australian Taxation Office (ATO) has prosecuted more than 1,500 people for tax and superannuation offences so far this financial year....

Tools & guides

End of year tax planning strategies

MLC's Gemma Dale outlines the issues financial advisers need to consider before and after 30 June to help clients maximise opportunities and avoid costly mistakes....

Policy & Regulation

New Zealand foreign trust schemes under ATO microscope

The Australian Taxation Office has warned individuals and businesses who use New Zealand foreign trusts while earning their income from Australia that such arrangements a...

Superannuation

SMSFs and 13.22C trusts - an alternative approach to co-owning property

Stephen Miller from MLC Technical Services explains how establishing a 13.22C trust can enable SMSF trustees to co-own a residential or business property with a related p...