SMS for SMSF
ATO to email, SMS SMSF changes In the interests of protecting self-managed super fund (SMSF) members and their retirement savings from fraud and misconduct, the ATO has announced it will Read More…
Late SMSF annual returns to change Super Lookup ‘status
Super Lookup ‘status’ will change if SMSF annual returns are late The ATO considers the lodgement of an SMSF’s annual return on time to be a fundamental part of an Read More…
Other superannuation legislation
Government passes other superannuation legislation The Government has recently passed legislation requiring insurance in superannuation for new members under 25, and members with low balance accounts, to only be offered Read More…
Taxpayer liable for excess transfer balance tax
Taxpayer liable for excess transfer balance tax despite commutations A taxpayer has unsuccessfully tried to challenge an excess transfer balance tax liability, despite following the ATO’s instructions. The taxpayer was Read More…
Super dependants
If you have a super fund, you’ve probably been asked to nominate your beneficiary But, super fund trustees can only pay your super death benefit to eligible dependants* or to Read More…