Articles by Jason Spits

ATO

Regulator scrutiny good for SMSF sector

ATO scrutiny SMSF sector

The ATO’s close examination of the SMSF sector has been crucial to its ongoing growth and success and will be required to maintain that into the future.

read more
FASEA

Govt appoints advice rep to FASEA board

FASEA board

The government has filled a vacancy on the FASEA board for an advice representative four months after it was opened by the resignation of a former member.

read more
Accounting, Financial Planning

NALE may hit pro-bono work

pro-bono SMSFs NALE

Pro-bono advice and non-advice services provided to SMSFs may also be trapped under non-arm’s-length expenses (NALE) arrangements.

read more
LRBA, Tax

LRBA loans drive SMSFs to safe harbour

LRBA SMSFs safe harbour

SMSFs relying on related-party loans may be forced to user higher safe harbour interest rates to prevent income being taxed at 45 per cent.

read more
Accounting, Superannuation

TSB key to catch-up contribution benefits

TSB catch-up contributions

Accountants will need to keep a greater watch on Total Super Balances (TSB) to make the most of new catch-up contributions, but will be assisted by ATO data.

read more
Property, Superannuation

Source of downsizer contributions questioned

Source of downsizer contributions

Questions have been raised about the source of downsizer contributions, with suggestions other funds have been used to take advantage of lower tax rates.

read more
Retirement, Superannuation

Retirement review looking beyond remit

Retirement Income Review

The Retirement Income Review may cover more ground than its remit, based on the questions asked in its recently released consultation paper.

read more
Accounting, Financial Planning

Govt minister supports accountants advice push

accountants advice SMSFs

The push for accountants to be allowed to provide incidental advice on SMSFs has received support from a senior government minister.

read more
Accounting, Financial Planning

SMSFA confirms licensing discussions

SMSFA licensing

The SMSF Association has confirmed it is taking part in discussions with accounting and advice bodies to reduce complexity in the adviser licensing regime.

read more
Accounting, Financial Planning, Superannuation

Advice bodies join accountant licensing discussion

accountant licensing SMSF advice

The major accounting and advice bodies have entered into joint discussions on reforming the licensing regime for financial advice related to SMSFs, according to the Institute of Public Accountants.

read more

Copyright © SMS Magazine 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.