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AUTHOR | No. of articles: 1834

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Superannuation tax changes ‘almost guaranteed’ to be in budget

13 February 2023 • Hits: 2307
With Minister Stephen Jones making moves to bed down the objective for super, changes to superannuation tax concessions ... READ MORE

News

Late reporting may cause ‘significant consequences’ after TBC upli ...

09 February 2023 • Hits: 940
The ATO has warned trustees that late or retrospective reporting of events could have significant implications for a mem ... READ MORE

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‘No reason’ for accountants’ exemption: final QAR report

08 February 2023 • Hits: 2125
The final QAR report acknowledged there is ‘little merit’ in holding a limited AFSL but has opted against recommendi ... READ MORE

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Common audit issue flagged with pre-1999 unit trusts

09 February 2023 • Hits: 1472
A specialist SMSF auditor has stressed the importance of SMSF trustees providing an updated unit register where they hav ... READ MORE

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Government to release objective of super consultation ‘very soon’

08 February 2023 • Hits: 1430
Minister Jones has suggested that balances above $5 million are not consistent with the purpose of super as the governme ... READ MORE

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BDO calls for review of contribution caps

08 February 2023 • Hits: 831
The mid-tier accounting firm has called on the government to review the current contribution caps and their impact on re ... READ MORE

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RBA reveals first interest rate decision for the year

07 February 2023 • Hits: 1192
The RBA has announced its decision on the cash rate following a significant annual increase in inflation. ... READ MORE

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TBC indexation to spur wide range of complex scenarios

08 February 2023 • Hits: 915
A technical expert has stressed the importance of reporting TBAR events on time from July, with indexation set to make t ... READ MORE

News

Auditor flags knowledge gaps with loans and financial assistance

06 February 2023 • Hits: 1112
A lack of understanding around the definition of a loan to a member and financial assistance is causing some breaches to ... READ MORE

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