Smsf

Events based reporting: What does it mean for SMSF trustees?

The first signs of disquiet in the SMSF sector started not too far into the current income year when confirmation signs started to emerge that the ATO, for the purpose of the then recently introduced transfer balance cap, would soon require SMSF trustees to report certain events on a real-time basis. It is understood that

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SMSFs: Here’s an extensive toolkit of ATO forms you’ll need

SMSF trustees may find that occasionally a particular form is needed to be able to complete an administrative task for the ATO. SMSFs: Here’s a complete list of tax office forms you’ll need Rather than have you searching the vast labyrinth of the ATO’s website for SMSF forms, we thought it helpful to list some

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Compliance burden fears about SMSF ‘real-time’ reporting allayed by ATO

Along with the new transfer balance cap that was introduced from July 1 this year, the ATO indicated in the recent past that more “events-based” reporting will be required for it to adequately deal with the evolving SMSF regime. It has now announced, after it conducted detailed consultation with the SMSF sector, that its implementation

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Child death benefit recipients and the super transfer cap

The death of a parent is hard on all those involved, however once the grieving has eased, a time comes to address financial matters. One of these issues can be what happens to any superannuation they may have left in their fund. Child death benefit recipients and the super transfer cap. Making things harder is

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