Articles by Darin Tyson-Chan

Division 296, Documentation, Superannuation, Tax

Div 296 reporting poses a dilemma

The obligations to report Division 296 earnings on the SMSF annual return are likely to present a quandary for trustees now and in the future.

The obligations to report Division 296 earnings on the SMSF annual return are likely to present a quandary for trustees now and in the future.

read more
SMSF, Trusts

Viable SMSF alternative still missing

A noticeable gap still exists in the Australian superannuation framework for the servicing of SMSF trustees suffering from incapacity.

A noticeable gap still exists in the Australian superannuation framework for the servicing of SMSF trustees suffering from incapacity.

read more
Contributions

ATO de minimis rule can cause confusion

The ATO can apply a de minimis rule where a contributions cap breach has occurred, potentially leading to a puzzling outcome for SMSF members.

The ATO can apply a de minimis rule where a contributions cap breach has occurred, potentially leading to a puzzling outcome for SMSF members.

read more
Accounting, Division 296, SMSF, Tax

Tax-effect accounting more compelling

Tax-effect accounting should be more seriously considered to allow a more accurate calculation of a person’s TSB for Division 296 purposes.

Tax-effect accounting should be more seriously considered to allow a more accurate calculation of a person’s TSB for Division 296 purposes.

read more
BDBNs, Pensions

BDBN comparable to reversionary pension

A binding death benefit nomination has the ability to achieve the same estate planning outcome as a reversionary pension.

A binding death benefit nomination has the ability to achieve the same estate planning outcome as a reversionary pension.

read more
Division 296, Strategy, Superannuation, Tax

Div 296 strategy not just about tax

Multiple factors apart from tax need to be considered when formulating a client strategy regarding the management of a Division 296 tax liability.

Multiple factors apart from tax need to be considered when formulating a client strategy regarding the management of a Division 296 tax liability.

read more
Contributions

NOI validity not linked to work test

Satisfying the work test has no bearing on whether a notice of intent to claim a deduction for a personal contribution is valid.

Satisfying the work test has no bearing on whether a notice of intent to claim a deduction for a personal contribution is valid.

read more
LRBA

Multiple risks for future borrowings

SMSF trustees looking to put an LRBA in place for a residential property with a future completion date will face a number of risk factors.

SMSF trustees looking to put an LRBA in place for a residential property with a future completion date will face a number of risk factors.

read more
Trusts

Bendel decision not applicable to SMSFs

The decision handed down by the High Court of Australia in the Bendel case cannot be applied to SMSFs that invest in unit trusts.

The decision handed down by the High Court of Australia in the Bendel case cannot be applied to SMSFs that invest in unit trusts.

read more
Division 296

Attribution certificate need clarified

More specificity has been provided in the final Division 296 regulations with regard to the need to obtain an attribution certificate for earnings.

More specificity has been provided in the final Division 296 regulations with regard to the need to obtain an attribution certificate for earnings.

read more

Copyright © SMS Magazine 2026

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.