News : Administration

Administration, ATO

Real-time data case not strong

ATO real-time data SMSF

The high number of non-lodgers of SMSF annual returns has been noted as a key area impeding the rollout of real-time reporting, according to the ATO.

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Administration

Embracing tech changes key to survival

Technological change

The fast pace of technological change in relation to the slow pace of organisational change can pose a threat to the success of SMSF service providers, a technical expert has said.

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Administration, Superannuation

Split contributions to lower TSBs

Splitting contributions

Splitting a previous year’s contributions to a spouse is one of a few effective ways of reducing a TSB at 30 June, an SMSF technical expert says.

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Administration, Superannuation

SuperConcepts reports sharp asset decline

superconcepts

SuperConcepts has reported a sharp fall in assets under administration after a year of restructuring the SMSF administration business.

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Administration, Auditing

Audit and admin business rebrands

SMSF audit administration

Superannuation Advisors Australia has undergone a rebrand, with the organisation now operating as Seamless SMSF.

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Administration, Business News

New administration platform for trustees

SMSF administration function

A software application has been launched that allows SMSF trustees to perform the administration of their funds without professional assistance.

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Administration, ATO

SMSFA wants better data access

SMSF ATO data

The SMSF Association is pushing for ATO data to be made available to a greater number of practitioners.

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Administration, Superannuation

With contributions, timing is everything

Contributions timing

The timing treatment of contributions when using a clearing house facility differs depending on which service is involved, writes Meg Heffron.

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Administration, Documentation

Asset specific corporate trustees optimal

SMSF corporate trustees

‘Asset specificity’ is the key advantage a purpose-built corporate trustee would have over a non-specific, existing company being appointed an SMSF corporate trustee, an SMSF legal expert has said.

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Administration, Compliance

Offshore control of SMSFs possible, but limited

SMSF overseas control

SMSF trustees can exercise control over their funds while overseas, but recent ATO rulings have emphasised the need for major decisions to take place in Australia.

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