Australia – How are we going as 2018-19 ends?
June 23, 2019 12:00 am Comments Off on Australia – How are we going as 2018-19 ends?One great source of data about Australia. Become better acquainted with the country we... View Article
One great source of data about Australia. Become better acquainted with the country we... View Article
With property markets taking a tumble in recent times, some SMSF clients may need to review the loan arrangements and guarantees they have, particularly where the loan-to-value ratio has significantly dropped, says an industry lawyer.
The latest SMSF Benchmark Report from Class indicates that there is a continuing trend... View Article
The ATO has updated its valuation guidelines in order to clarify when a reasonable estimate can be used for valuing pension assets when reporting to the ATO.
The ATO’s statistical overview of SMSFs for the 2016–17 financial year indicates that funds that were established that year had assets of just over $500,000 on average, a substantial increase from the previous year.
Have you written a personal financial register, listing your super and non-super investments, your other assets, your income and any debts?
While a recent research report has predicted that the ATO’s crackdown on SG non-compliance will be effective in improving the payment of super to employees, the lack of super savings among the self-employed is expected to remain a critical issue.
About two-thirds of Australians are entitled to at least a partial age pension (i), so most of us need to understand how it works and determine what role we want it to play in our retirement plan.
As part of its review of transaction information from cryptocurrency service providers, the ATO... View Article
Transfer of loan amounts flagged as vital compliance step for LRBAs