News : Administration

Administration, Regulation

Time ticking on six-member SMSF proposal

Six-member SMSF strategies may need to be postponed given the government may be unable to legislate the proposal before the election.

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Administration, Business News

SuperConcepts names interim CEO

SuperConcepts has named an interim CEO while it seeks a permanent replacement for Natasha Fenech.

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Accounting, Administration

Class integrates with Xplan

Class today announced its new data feed integration with IRESS’s wealth management software, Xplan, which will allow a shared single view of investments and other data for financial advisers, accountants and their clients.

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Administration, Business News

New leadership at Class for next growth phase

SMSF administration software provider Class has announced its chief executive, Kevin Bungard, will step down from his role by mutual agreement with the board.

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Administration, ATO, Regulation

TBAR just the start of SMSF automation journey

SMSF practitioners must acknowledge the inevitability of the transfer balance account report (TBAR) regime moving to full, automated online reporting for the sector and what this will mean for their businesses.

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Administration, Business News

SuperMate unveils bulk TBAR solution

SuperMate has launched a bulk transfer balance account report (TBAR) solution that allows SMSF practitioners to transmit bulk lodgements of multiple returns to the ATO portal.

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Administration, Compliance

ECPI compliance risk reduced on SMSF software

The latest feature added to SuperMate will allow actuarial certificates to be validated automatically when SMSFs claim exempt current pension income (ECPI), reducing time, costs and exposure to compliance risks.

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Administration, Business News

SuperMate integrates with share registries

SuperMate has added integrations with share registry companies Computershare and Link Market Services to enable practitioners and trustees to view records of their share registry balance.

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Administration, ATO, Compliance

Quarterly TBC report dates draw closer

The SMSF Association has reminded SMSFs on a quarterly transfer balance cap (TBC) reporting cycle they must make their first lodgement with the ATO in three weeks.

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Administration, ATO, Auditing

ATO will do best to administer audit policy

The tax office has said it will administer the proposed three-year audits for qualifying SMSFs as well as it can, but has revealed it has received mixed views on the measure.

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