News : Administration

Accounting, Administration, Artificial Intelligence, Practice Management

Class launches two AI solutions

Class has launched two user facilities driven by artificial intelligence developed to improve the efficiency of accountants.

Class has launched two user facilities driven by artificial intelligence developed to improve the efficiency of accountants.

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Administration, Compliance, Documentation

Appeal denied for lodgement failures

An SMSF trustee has lost an appeal against his failure to lodge fund returns by blaming his accountant for the problem.

An SMSF trustee has lost an appeal against his failure to lodge fund returns by blaming his accountant for the problem.

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Administration, Superannuation

Old processes driving member change

Super fund members are looking to move to alternatives because incumbent funds still offer slow, manual administration.

Super fund members are looking to move to alternatives because incumbent funds still offer slow, manual administration.

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Administration, Division 296, SMSF, Tax

Admin platforms provide Div 296 benefit

The use of specialised SMSF administration service providers could be of real benefit with regard to Division 296 record-keeping and reporting.

The use of specialised SMSF administration service providers could be of real benefit with regard to Division 296 record-keeping and reporting.

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Administration, SMSF, Strategy, Trusts

Wind-up can involve less harmful choice

Trustees with an SMSF holding assets with a specified duration may have to make a difficult choice when looking to wind up a fund.

Trustees with an SMSF holding assets with a specified duration may have to make a difficult choice when looking to wind up a fund.

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Administration, Technology

Cloudoffis developing new AI tool

A sector stakeholder is currently developing a new tool to assist practitioners with SMSF compliance using artificial intelligence.

A sector stakeholder is currently developing a new tool to assist practitioners with SMSF compliance using artificial intelligence.

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Administration, Payday Super

Payday Super admin needs clarification

One aspect regarding the administration of SMSFs with reference to the new Payday Super regime requires more detail as to how it will operate.

One aspect regarding the administration of SMSFs with reference to the new Payday Super regime requires more detail as to how it will operate.

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Administration, Business News

BT, Heffron team up for new service

SMSF advisers and members will have access to a streamlined administration and investment service as a result of a new sector partnership.

SMSF advisers and members will have access to a streamlined administration and investment service as a result of a new sector partnership.

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Administration, Contributions, In-house assets, Strategy

More pressure on fund administrators

The information needs of advisers and trustees is placing more pressure on SMSF admin providers to deliver real-time data.

The information needs of advisers and trustees is placing more pressure on SMSF admin providers to deliver real-time data.

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Accounting, Administration, Compliance, Documentation, Legislation, Regulation

Trust deed upgrades a fine line legally

Accountants must ensure they do not enter the realm of providing legal advice when engaging with their clients about upgrading an SMSF trust deed.

Accountants must ensure they do not enter the realm of providing legal advice when engaging with their clients about upgrading an SMSF trust deed.

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