ATO announce targeting of certain SMSF areas

ATO announce targeting of certain SMSF areas

At a recent CPA SMSF Conference the Acting Assistant Commissioner for Superannuation Kasey Macfarlane announced the ATO were targeting certain areas in relation to SMSF. These include: Dividend Stripping arrangements (TA 2015/1) – activities where taxpayers use SMSF...
ATO announce targeting of certain SMSF areas

Pension Contributions Reminder

This is a reminder for everyone to check prior to 30 June 2015: Concessional Contribution – Check that you haven’t breached the $30,000 employer contributions limit (or $35,000 if you are over 50 years) if you have been salary sacrificing into super. If you...
ATO announce targeting of certain SMSF areas

Changes to insurance provided by SMSFs

From 1 July 2014, trustees of an SMSF cannot provide an insured benefit in relation to a member of the fund unless the insured event is consistent with one of the following conditions of release of a member’s super benefits: deathterminal medical conditionpermanent...
ATO announce targeting of certain SMSF areas

Telstra Shares

Did you know Telstra listed on the ASX back in November 1997? Many clients own Telstra shares and it has been pleasing to see the share price increase in recent years. This month Telstra announced a off-market share buyback of up to $1b of Telstra shares and clients...