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Super

Dr Jane Rennie
Super

SMSF accounting and audit firms handed fresh resource on independence changes

Accounting firms waiting on ATO guidance around new SMSF auditor independence requirements have been handed an...
23 February 2021 • By Jotham Lian

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CPA Australia and CA ANZ
Super

State of SMSF advice model needs ‘urgent wholesale review’

Two major accounting bodies have called for further discussion on the comprehensive review around defining the type of...
01 February 2021 • By Miranda Brownlee
ABS and ATO
Super

General transfer balance cap set to rise to $1.7m

With the All Groups CPI figure for the December quarter at 117.2, indexation of the general transfer balance cap is...
28 January 2021 • By Miranda Brownlee
SMSF firm wins court appeal
Super

SMSF firm wins court appeal in dispute over sale of client list

The Supreme Court of Western Australia has upheld an appeal initiated by an SMSF advice firm against an estate...
25 January 2021 • By Miranda Brownlee
Super Retail Group
Super

Super Retail Group hands back $1.7m in JobKeeper subsidies

Super Retail Group will follow Toyota Australia in voluntarily repaying $1.7 million in JobKeeper payments after...
19 January 2021 • By Jotham Lian
Mark Ellem
Super

Auditors warned on independence threats with partners of client firms

Auditors who are auditing funds for the partners of an SMSF firm as well as their clients have been warned there may...
19 January 2021 • By Miranda Brownlee
Proposed super measures
Super

Proposed super measures could lead to ‘unacceptable’ NALI breaches

A major accounting body has warned about the interaction between the government’s proposed measures around third-party...
18 January 2021 • By Miranda Brownlee
Shelley Banton
Super

Pooling arrangements ‘no holy grail’ for auditor independence

SMSF firms planning to enter pooled auditing arrangements have been warned that these arrangements, particularly...
15 January 2021 • By Miranda Brownlee