News

Hub24 revises Class offer

December 15, 2021

Hub24 has upped the cash price it will pay for Class shares and made changes to future dividend payments under the purchase scheme.

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ATO

Education focus for ID regime

December 14, 2021

Darin Tyson-Chan

The interim period for the new director identification number regime will see the ATO concentrate on education in situations of non-compliance.

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Superannuation, Tax

Cancelling ABN creates SuperStream glitch

December 14, 2021

Jason Spits

The cancellation of an SMSF’s ABN upon closure of the fund is creating problems with the rollover of tax refunds via SuperStream.

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Appointments

SMSFA appoints BDO partner to board

December 14, 2021

Tia Thomas

The SMSFA has appointed BDO partner Geoff Rooney as a new board member, with his experience set to help with the ongoing SMSF regulatory and legislative changes.

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Retirement

Pre-retirees uncertain about their future

December 14, 2021

Tia Thomas

A new global survey has revealed those under 45 years old are unsure if their retirement savings will provide them with a comfortable life.

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Cryptocurrency, Investments

The SMSF reality of owning NFTs

December 14, 2021

Shelley Banton

The ability of an SMSF to own non-fungible tokens is not an impossibility, but it does come with many compliance issues that need to be addressed.

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ATO

Director ID application rejection rare

December 13, 2021

Darin Tyson-Chan

The ATO has acknowledged instances of applications for a director identification number being rejected are likely to be very rare.

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Regulation

Election places super changes under cloud

December 13, 2021

Jason Spits

A number of long sought-after changes may not pass through parliament before the next election due to a limited number of sitting days in the first half of 2022.

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Technology