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NALI trap flagged with multi-purpose corporate trustees

SMSF trustees using corporate trustees for multiple purposes have been warned that the payment of the annual ASIC fee co ... READ MORE

Bluestone announces interest rate cut for SMSF loans

Bluestone Home Loans has announced a reduction in interest rates for its SMSF residential loans this week despite the re ... READ MORE

ATO announces changes to SMSF registration process

The ATO has made some changes to the SMSF registration process to protect against fraud. READ MORE

Two-year threshold for automatic ABN cancellations ‘unreasonable’

The proposed threshold for cancelling an individual’s ABN where there are two or more outstanding tax returns should b ... READ MORE

Jones says experience pathway to go before parliament by mid-2023

Stephen Jones has promised to have the provisions for the implementation of the experience pathway ready for legislation ... READ MORE

Former super fund executives charged with dishonesty offences

The former chief financial officer and chief risk officer of the super fund have both been charged. ... READ MORE

Further clarity needed on GST, reinstatement process with ABN changes

The Tax Institute says further detail is needed on how the proposed ABN changes may impact GST registration and the proc ... READ MORE

ATO chasing down late returns, unpaid PAYG instalments before year end

The ATO has ramped up its activity on SMSF late lodgments and unpaid PAYG instalments in recent weeks, in some cases req ... READ MORE

Audit procedures for NALI remain uncertain

SMSF auditors may be spared from going down the NALI ‘rabbit hole’ from July next year with the role of auditors in ... READ MORE

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