Related-party property development concerns — Part 1
In the first article of a four-part series on SMSFs and property development, I focus on related-party leases and how to keep them compliant.
Categories for Financial Planning News
The value of financial advice
A 16-year study by Vanguard Investments that found a financial adviser effectively adds around 3% to the value of a client’s portfolio over time. This is on top of normal investment returns.
A super catch-up plan
It's a number that can only be described as mindboggling: $400 million a day.
Court decides on taxable capital gains distributions
The Federal Court has determined whether trusts that distribute capital gains to non-resident beneficiaries are taxable and will need to be included in their assessable income.
SMSF liquidity lessons learnt from the pandemic
Sometimes it is true that you don't know what you've got. Till it's gone. Music aficionados will recognise that line from Joni Mitchell's 1970s hit Big Yellow Taxi.
Do your investment goals stack up?
There's an old saying, to only focus on the things in life that you can control.
Retirement income framework deferred due to COVID-19
The government’s introduction of the Retirement Income Covenant scheduled to start on 1 July has been deferred to allow continued consultation and legislative drafting to take place following the coronavirus crisis.
How early super withdrawals add up
The coronavirus pandemic is having profound effects on Australian families, communities, businesses, the financial markets and the global economy.
AFP teams up with ATO, Treasury in COVID-19 tax fraud taskforce
The Treasury has confirmed that it will be working with the ATO and an Australian Federal Police taskforce in investigating any cases of fraud related to the government’s COVID-19 stimulus measures.
ATO extends initial JobKeeper payment deadline
Employers looking to enrol for the first two JobKeeper fortnights have now been granted a further extension of time to enrol and pay employees.
