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ATO clarifies part disposal rules: DomaCom
ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
Fractional investment platform DomaCom has received confirmation from the tax office that a part disposal of a home can work for downsizer contributions for SMSF trustees to allow them to stay in their home.
ATO announces SMSF age limit changes
ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
The Australian Taxation Office (ATO) has confirmed changes to age limits on super contributions for SMSFs.
ASIC slammed over SMSF data
ANNABELLE DICKSON  |  WEDNESDAY, 5 AUG 2020
The House of Representatives Standing Committee on Economics has scrutinised ASIC over its SMSF fact sheet in a public hearing reviewing the 2019 ASIC Annual Report, and questioned why ASIC appears to hold itself to a different standard than those it ...
SMSFA, FSC call for infrastructure investment access
ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
The SMSF Association and the Financial Services Council (FSC) are calling for self-managed super funds to have access to unitised, liquid infrastructure investments as a way of generating economic growth.
Vanguard launches SMSF functionality
ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
Vanguard has launched a self-managed super fund capability within its Personal Investor offering.
New requirements for SMSFs
ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
The Australian Taxation Office has announced new accounting requirements for SMSFs, which will come into effect 1 July 2021.
ATO data heaps pressure on ASIC's SMSF fact sheet
HARRISON WORLEY  |  MONDAY, 22 JUN 2020
New ATO data has brought ASIC's SMSF expense fact sheet under renewed pressure.
ATO warns against SMSF property development
ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
The Australian Taxation Office has shared its concerns about a growing number of SMSFs purchasing and investing in the development of real property.
SMSFs to weather the storm
ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
While hundreds of thousands of Australians remove tens of millions from their superannuation accounts, SMSFs are holding their own.
TPB cracks down on 74 tax practitioners
ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
The Tax Practitioners Board has found 74 tax practitioners to be engaging in "concerning behaviour", including using fraudulent SMSF Auditor Numbers (SANs).
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