News

Education

Association releases new e-learning modules

SMSF Association e-learning modules

A suite of new e-learning modules relevant to the 2023 income year have now been made available by the SMSF Association.

read more
Retirement, Superannuation

Retirees want pension help from funds

retirees pension support superannuation

Retirees want help in seeking the age pension with nearly three quarters looking to their superannuation fund to provide assistance.

read more
ATO, Compliance

ATO disclosure can’t confirm breach

ATO disclosure SMSF breach

The ATO’s early engagement and voluntary disclosure service should only be used if a contravention of the superannuation rules has occurred.

read more
NALI/NALE

NALE a worst-case regulation

NALE property

The application of NALE provisions to property is a worst-case response to people who have been abusing in-specie transfer rules.

read more
Cryptocurrency

NFT status, value remain unclear

NFT status SMSF

The status of an NFT inside an SMSF is still unclear and issues remain with proving their value from an audit perspective each year.

read more
Financial Planning, Technology

AZ Sestante launches digital facility

AZ Sestante OpenInvest

A new digital investing solution has been released to the market to provide more young Australians with professional investment services.

read more
Documentation

New TBAR timeframe a tough ask

TBAR timeframe

The new TBAR timeframe to be introduced in the next income year is unlikely to see a seamless transition among SMSF trustees.

read more
Property

Tax status key to property retention

tax SMSF property

The tax-free status of an SMSF may be the key to deciding whether to retain a property asset inside the fund when a member dies.

read more
AFCA

SMSF complaints rise at AFCA

SMSFs complaints AFCA

The increased use of SMSFs has led to a rise in complaints to the industry dispute body according to one of its leading ombudsman.

read more
Superannuation

ASFA measures impact of COVID super relief

COVID superannuation relief

Industry analysis has shown the initiative to allow people to access their superannuation early as a COVID-19 financial hardship measure was a success.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.