News : SMSFA

Guidance on TR 2013/5 changes unlikely

August 13, 2025

The ATO has given no further guidance on how to apply changes to TR 2013/5 despite requests from the advice and super sector.

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Compliance, NALI/NALE, SMSFA, Tax

NALE not changing without legal ruling

The treatment of capital expenses under the NALE rules is unlikely to change until a court decides they are too severe.

August 11, 2025

Jason Spits

The treatment of capital expenses under the NALE rules is unlikely to change until a court decides they are too severe.

SMSF adviser AI take-up fairly low

July 28, 2025

Darin Tyson-Chan

Recent analysis with regard to the practice of SMSF advisers has shown the majority are not yet using AI to service clients.

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Accounting, Legislation, SMSF, SMSFA

Early AML/CTF preparation urged

July 24, 2025

Jason Spits

SMSF Association members have been encouraged to start preparing for anti-money laundering regime changes that will now capture accountants.

Death does not stop income allocation

July 15, 2025

Darin Tyson-Chan

The distribution of fund income may need to be made to an SMSF member even though the individual in question has passed away.

SMSFA backs ASIC super warning

July 3, 2025

Penny Pryor

The SMSF Association has supported ASIC’s warning for people to be on high alert for cold callers encouraging them to switch their super.

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Appointments, SMSFA

SMSF Association makes new appointment

SMSF Association, Marnie Page, national partnerships manager, Alistair Shields, Peter Burgess, Neil Sparks

July 1, 2025

Darin Tyson-Chan

A new national partnerships manager has been appointed by the SMSF Association in the wake of the retirement of an industry stalwart.

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SMSF, SMSFA

New tax has not quelled growth

SMSF, self managed super, Division 296, SMSF Association, ATO statistics, SMSF quarterly statistical report, new funds, growth

May 21, 2025

Darin Tyson-Chan

The latest ATO data indicates the growth of the SMSF sector has not been diminished by the proposed Division 296 tax.

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SMSF, SMSFA, Tax

Budget confirms Div 296 still on the table

March 25, 2025

Jason Spits

The federal government will take the Division 296 tax to the election given the budget contained no mention of the status of the proposed impost.

ATO information access essential

ATO, SMSF Association, client data, SMSF administrators, client information, Treasury, review of the tax regulator secrecy exceptions, qualified tax relevant providers, tax (financial) advice, superannuation

March 4, 2025

Jason Spits

The SMSF Association has urged the government to give advisers and administrators access to client data held by the ATO, given the law obligates them to operate with correct information.

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