Articles by Darin Tyson-Chan

Correct insurance transfers a must

November 5, 2020

Any transfers of risk insurance from an individual to an SMSF must be legitimate due to the severity of penalties resulting from breaches related to these transactions.

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Accounting, Tax

Accounting method not Part IVA

November 4, 2020

Darin Tyson-Chan

A technical manager has allayed adviser fears over the use of tax-effect accounting in an SMSF being captured under Part IVA provisions of the Income Tax Assessment Act.

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Strategy

Don’t view indexation by itself

November 3, 2020

Darin Tyson-Chan

A technical manager has cautioned SMSF advisers and their clients not to consider indexation exclusively when formulating contribution strategies.

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ATO, Superannuation

SG amnesty impact can be eased

October 29, 2020

Darin Tyson-Chan

Super guarantee amnesty payments do not necessarily have to be recognised in the financial year in which they are received, a technical manager has said.

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LRBA, Property

LRBAs really only for property

October 28, 2020

Darin Tyson-Chan

A panel of technical experts has declared limited recourse borrowing arrangements to be viable for the purchase of property only.

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Superannuation

Indexation may drop TSB limits

October 26, 2020

Darin Tyson-Chan

A technical specialist has predicted indexation measures likely to be applied to the concessional contributions cap could lower the total super balance limits determining the ability for individuals to make non-concessional contributions.

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Financial Planning

Govt determined to reduce advice impediments

October 22, 2020

Darin Tyson-Chan

The reduction in red tape that is hindering the ability to deliver affordable financial advice to more Australians is a priority for the federal government.

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Financial Planning, Superannuation

Support for specialist advice grows

October 21, 2020

Darin Tyson-Chan

Evidence from several industry quarters indicates there is a growing trend in the interest and support for specialist financial advice, the SMSF Association has observed.

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Business News

SMSF Professionals Day goes digital

October 21, 2020

Darin Tyson-Chan

The annual SMSF Professionals Day will be delivered via a digital platform for the first time by co-hosts SuperConcepts and selfmanagesuper.

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Financial Planning

Court convicts Henderson

October 20, 2020

Darin Tyson-Chan

Former Henderson Maxwell chief executive Sam Henderson has been convicted of issuing defective disclosure documents and dishonest conduct by the NSW Local Court.

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