“Moving to a three-year audit cycle will increase administration for the ATO and therefore costs and open up the temptation for trustees to shift around the tax-free and taxable components..Read More >>
Tactical Super director Deanne Firth said the first thing auditors do when they receive the financial statements is compare the prior year figures to the prior year audited financials and..Read More >>
I think we all need to put pressure on Labor regarding this policy as it’s class warfare and unfairly targets SMSF members in pension phase. An alternative would be to..Read More >>
While industry consultation undertaken by the ATO has resulted in a more palatable form of reporting, the administrative cost of event-based reporting could still be excessive. Click here to read..Read More >>
The Little Tax Pros March Update SIGN UP TO WEBINAR
Written by DEANNE FIRTH View On You Tube | SIGN UP TO WEBINAR Deciding whether a client should take advantage of the provisions for resetting the cost base of assets..Read More >>
The ATO has issued a fact sheet about Christmas parties and have softened their position so now you can have a Christmas party and give a gift at the same..Read More >>
The legislation was passed on 23rd November 2016 – below is a summary of the details surrounding the $1.6 million pension cap. > Download $1.6 million pension cap newsletter > Register..Read More >>