Super

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

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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
Super

APRA plans to open the books on super fund spending

Published information would include donations to unions and political parties, as well as executive remuneration.
11 October 2023 • By Philip King
Super

Treasury opens consultation on payday super measure

Two models are put forward for the reform as well as revisions to the penalties for late payment.
10 October 2023 • By Miranda Brownlee
Super

ATO steps up data-matching to snare late super payments

STP 2 and more sophisticated software enables the Tax Office to monitor payments quarter by quarter, a technical...
05 October 2023 • By Miranda Brownlee