Super

Super

ATO instals system to detect illegal SMSF early access

The first attempt to measure the problem will be able to determine the amounts involved and gather intelligence to...
27 November 2023 • By Keeli Cambourne

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Super

ATO raises $973m in SG charge liabilities in FY23

The ATO finalised around 14,000 SG cases during the year, with around 90 per cent initiated by employees, compliance...
08 November 2023 • By Miranda Brownlee
Super

Joint bodies reject ‘two-tier’ approach to NALE reforms

The government has been told to scrap its amendments to the non-arm’s length expense rules with industry associations...
06 November 2023 • By Miranda Brownlee
Super

Payday super will punish small business, says NTAA

Phase in the start date or give companies with less than $5 million turnover a waiver, urges the lobby group.
04 November 2023 • By Philip King
Super

Expanded Victoria land tax ‘to hit SMSFs with property’

Residential property that remains vacant for six months out of the year will be subject to the levy, a lawyer warns.
02 November 2023 • By Keeli Cambourne
Super

Caddick fraud victims target class action against SMSF auditors

Annual checks failed to confirm the investment assets – which turned out to be fake – actually existed.
31 October 2023 • By Philip King
Super

Farmers, small business ‘to bear brunt of $3m super tax’

Those with illiquid assets such as premises or land in super could struggle to pay the tax, the SMSF Association says.
20 October 2023 • By Philip King
Super

$3m super tax will thump thousands of SMSF members with $80k bill

More than one in eight will experience “liquidity stress” trying to meet the tax obligations, a report by Adelaide Uni...
12 October 2023 • By Keeli Cambourne