SMSF Adviser - News for Australian SMSF professionals
Impact of Div 296 emerges in recent audit. News. November 13 2024. 1. The severe financial risk of the proposed Division 296 tax has been highlighted by one of the sector’s best-known …
SMSF property investing surges - SMSF Adviser
20 hours ago · Chambers said according to the latest ATO quarterly statistical report, between the June quarters of 2021–2024, SMSF asset allocation for residential property grew 26.4 per cent …
Busting myths around death benefit payments - SMSF Adviser
2 days ago · Cullen said there are several other “myths” or questions surrounding payment of death benefits, including what happens if the recipient is under preservation age and has not …
Property investment will take time to stabilise: expert
3 days ago · A. A. Even with interest rate cuts, the property investment market is likely to track sideways for a period before there is a correction in the market, says a property specialist. …
ATO targeting SMSF auditor independence - SMSF Adviser
5 days ago · A. A. The ATO is targeting SMSF auditors who continue to defy independence rules, a senior technical specialist has warned. Shelley Banton, head of technical for ASF Audits, …
SMSF Professionals Guide FY23–24: Streamlining the delivery of ...
While lucrative, managing an SMSF can be incredibly complex, with trustees responsible for delivering strong investment outcomes for members while also ensuring compliance with ever …
The audit report for my SMSF has been qualified. What does that …
The auditor is required to report their findings to the trustees in the form of an audit report. The audit report consists of two parts, Part A and Part B. The consequences of receiving a …
When should an SMSF obtain an actuarial certificate?
Nov 5, 2024 · By Annie Dawson, Senior SMSF Technical Specialist, Heffron. November 06 2024. 5 minute read. Share. A. A. A. A trustee needs to obtain an actuarial certificate if the …
Money - SMSF Adviser
Oct 10, 2024 · Get the latest news and opinions delivered to your inbox each morning. Creating and managing wealth for an SMSF client requires specialist understanding of products, …
SMSF year-end considerations for 2023–24 - SMSF Adviser
Again, keep in mind that generally, for a pension payment to be recognised in the 2023–24 financial year it must leave the superannuation fund’s bank account no later than 30 June …