ATO reports on top contravention areas for SMSFs
Important information: The ATO has released data that shows where the highest proportion of contraventions occurred in the year leading to 30 June 2016, and how many were rectified.
by zfs
by zfs
What recent retirees can teach pre-retirees
Frank Sinatra's My Way probably hasn't been among the karaoke top 100 for years. Yet its signature lyrics, “regrets, I've had a few”, will certainly resonate with all of us – including recent retirees.
by zfs
Deloitte points to ‘red flag’ SMSF patterns
Deloitte has outlined behaviours that typically do not pass the “sniff test” and can alert the ATO to potential non-compliance or suspect SMSF transactions.
by zfs
Deloitte points to ‘red flag’ SMSF patterns
Deloitte has outlined behaviours that typically do not pass the “sniff test” and can alert the ATO to potential non-compliance or suspect SMSF transactions.
by zfs
Save early, save often
One of the underlying attributes of Australia's superannuation system is that it starts young adults saving for retirement as soon as they join the workforce.
by zfs
Government pushes forward with multinational tax measures
The Australian government has introduced legislation to Parliament to implement a new string of tax measures to prevent multinationals from profit shifting.
by zfs
Jump-start your retirement savings
Unfortunately, many people would reach their mid-fifties and conclude that their savings are not on track to finance a satisfactory lifestyle in retirement.
by zfs
Jump-start your retirement savings
Unfortunately, many people would reach their mid-fifties and conclude that their savings are not on track to finance a satisfactory lifestyle in retirement.
by zfs
Government urged to rectify ‘legislative shortcoming’ with CGT relief
The Tax Institute has called for an extension of the deadline for applying the CGT relief in respect to the segregated approach, amid concerns some SMSF trustees are at risk of missing out.
by zfs
Some financial terms explained
Below are four important financial terms. They are Transition to Retirement; Pension Phase; Allocated Pensions; and Estate Planning.
by zfs