Login
Login
RBA announces highly anticipated July decision
Powered by
MOMENTUM
MEDIA
Until the ATO finalises its NALI ruling, it’s best to get as much documentation on anything that may be considered non-arm’s length, a senior auditing specialist has said
Australian investors are increasingly integrating hedge funds and liquid alternatives into their portfolios as ...
Australia’s SMSF sector is bracing for more structural changes, with trustees and their advisers about to be tested on ...
The cryptocurrency is shaping up to be an asset class that could be advantageous to SMSFs in light of the new super tax ...
Get the latest news and opinions delivered to your inbox each morning
Subscribe
The tax office’s updated guidance may impact thousands of SMSFs and it’s important you’re aware of the risks for your clients
The Australian Taxation Office has signalled its intention to look closely at how self-managed super funds calculate a crucial tax exemption.
The move has implications for tens of thousands of SMSFs.
In a recent speech to the Tax Institute, Assistant Commissioner Matthew Bambrick said the ATO would look closely at how funds calculate exempt current pension income (ECPI). The ATO has also recently updated its technical guidance around ECPI on its website.
To read the entire article, please click here.
Get the latest news and opinions delivered to your inbox each morning
Subscribe
Subscribe to our newsletter.