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Super

Fresh research challenges ASIC guidance on SMSF costs
Super

Fresh research challenges ASIC guidance on SMSF costs

New research examining the costs of running an SMSF has questioned previous statements by ASIC that SMSFs with...
24 November 2020 • By Miranda Brownlee

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Accounting bodies join in fight against proposed reporting measure
Super

Accounting bodies join in fight against proposed reporting measure

Two of the major accounting bodies have expressed significant concerns about the proposed mandatory deadline for SMSF...
19 November 2020 • By Miranda Brownlee
Peter Burgess
Super

‘Enforcement and definition’ issues with prescribed timeline for financials

The Treasury’s proposal to implement a regulation prescribing that SMSF accounts and statements be prepared 45 days...
17 November 2020 • By Jotham Lian
Aaron Dunn
Super

Proposed reporting requirement to place ‘undue pressure’ on auditors

The Treasury’s proposed amendment to require SMSFs to finalise accounts 45 days before the due date of the return will...
16 November 2020 • By Miranda Brownlee
The Tax Institute
Super

Proposed SMSF reporting requirement blasted as ‘unrealistic’

The requirement proposed by the Treasury to require SMSFs to prepare accounts 45 days before lodgement will place...
13 November 2020 • By Miranda Brownlee
AAT
Super

AAT upholds ASIC’s decision to ban SMSF adviser

The Administrative Appeals Tribunal (AAT) has affirmed ASIC’s decision to ban an adviser for five years for failing to...
11 November 2020 • By Miranda Brownlee
ATO
Super

ATO ramps up SMSF auditor compliance activities

After previously suspending its auditor review programs due to the impact of COVID-19, the ATO has announced it will...
10 November 2020 • By Miranda Brownlee
SMSFs bill green light
Super

Senate committee gives 6-member SMSFs bill green light

The Senate Economics Legislation Committee has recommended that the six-member SMSF bill be passed, despite concerns...
06 November 2020 • By Miranda Brownlee