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SMSF

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SMSF Adviser Technical Strategy Day 2021 launches Accountants Daily is proud to announce the launch of its SMSF Adviser Technical Strategy Day, a free-to-stream virtual event aimed at providing specialists with the lates...
Changes to ECPI and visibility of super assets pass Parliament The first changes to ECPI, along with measures to provide greater visibility to superannuation fund information sharing for family law proceedings, have now passed Parlia...
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Former SMSF adviser charged for breaching ASIC ban A former Queensland financial adviser is facing criminal charges for breaching ASIC banning orders. Write comment (0 Comments) ...
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ATO releases guidance on advice compensation impacts on contribution caps The ATO has released guidance on the impact of financial advice compensation on super contribution caps and its associated compliance requirements. Write comment ...
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ATO issues administrative arrangements for COVID-19 super recontribution The ATO has flagged new administrative arrangements for individuals wanting to recontribute amounts they withdrew under the COVID-19 early release of super (ERS) program....
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‘Mammoth consequences’: ATO’s NALI ruling draws ire from accountants The recent ruling on non-arm’s length income (NALI) in super funds by the ATO will have far-reaching consequences for the superannuation sector, according to industry e...
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SMSF property fraudster loses appeal A former Queensland property developer has failed to overturn criminal convictions for defrauding almost $350,000 from SMSF investors. Write comment (0 Comments)...
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6-member SMSF registration availability to begin mid-August SMSFs will be able to add a fifth or sixth member to the fund using the Australian Business Registry from mid-August. Write comment (0 Comments) ...
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ATO defines ‘appropriate reviewer’ approach to independence threats The ATO has issued new guidance on the application and use of an appropriate reviewer when assessing independence threats for SMSF audits. Write comment (0 Comme...
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Class launches new SMSF auditor search tool Class has launched a new tool to help accountants connect with independent auditors as new SMSF audit requirements kick in. Write comment (0 Comments) ...
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SMSF firm forks out $7.2m to resolve ASIC court proceedings An SMSF advice firm has entered a conditional agreement with ASIC and will pay $7.2 million to resolve civil penalty proceedings relating to alleged breaches of clients...
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