Articles by Darin Tyson-Chan

Trustee confusion over downsizer age

September 25, 2019

An industry administrator and educator has revealed many SMSF trustees remain unclear about the age constraints contained in the superannuation downsizer contribution rules.

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LRBA

LRBA treatment dependent on member’s circumstance

September 24, 2019

Darin Tyson-Chan

The extent to which the outstanding balance of a limited recourse borrowing arrangement will affect a member’s total super balance is determined by the individual member’s circumstances, according to an SMSF service provider.

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ATO, Investments

ATO letters’ impact already evident

September 23, 2019

Darin Tyson-Chan

A specialist document provider has revealed many trustees have already been reassessing their investment strategies as a result of the ATO’s letter querying the investment strategy of 17,700 SMSFs invested in a single asset or asset class.

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ATO, Pensions

ECPI discretion success has several elements

September 23, 2019

Darin Tyson-Chan

A successful application for ATO discretion to claim exempt current pension income usually involves some common elements, a technical manager has said.

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Compliance

Market value substitution rules not a NALI pardon

September 19, 2019

Darin Tyson-Chan

A technical expert has warned the amendments to the non-arm’s-length income rules will still apply to an SMSF that has implemented the market value substitution measures as defined in the Income Tax Assessment Act 1997.

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Business News

DomaCom capital raising to generate $6m

September 19, 2019

Darin Tyson-Chan

The most recent share placement activity undertaken by fractional property investment manager DomaCom is anticipated to raise $6 million.

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Compliance

NCC cap triggers common error

September 18, 2019

Darin Tyson-Chan

An SMSF expert has identified a common misconception regarding the non-concessional contributions cap and its effect on the treatment of limit breaches.

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Compliance, Financial Planning

TBC creates puzzling advice issues

September 17, 2019

Darin Tyson-Chan

A chartered accounting firm partner has identified advice compliance complexity resulting from the transfer balance cap’s effect on the treatment of SMSF death benefits.

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ETFs, Investments

Diversification an SMSF priority

September 17, 2019

Darin Tyson-Chan

SMSF investors are showing some urgency in relation to diversification in their portfolio allocations, a report has shown.

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Retirement

New pre-retirement research on the way

September 17, 2019

Darin Tyson-Chan

New insights into how pre-retirement advice can play a more effective role in providing a better life in retirement are expected to be drawn from a research project to be undertaken by Allianz Retire Plus and Macquarie University.

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