20 August, 2019
It is not uncommon for taxation measures to be enacted with retrospective operation — that is, the tax law changes take affect for a period before the date of enactment, once the legislation is
[ Read More ]The Tax Practitioners Board (TPB) has issued information for tax agents that change practice structures. In most cases, the TPB will require notification of these changes within 30 days. Note
[ Read More ]It has long been an accepted standard that the auditor of an SMSF needs to be independent of that fund, and be a third party entity to the SMSF. This requirement is written into the SISR
[ Read More ]The threshold rule allows a business to claim an immediate deduction for most business expenditure of $100 or less to buy tangible assets. The rule is meant to help your small business clients
[ Read More ]Since event-based reporting started for SMSFs from 1 July 2018, the ATO says that for the larger part, SMSF trustees have mostly adjusted to the new requirements. Now that an entire income year
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