Category: Publications

Can trauma insurance be held in a self managed superannuation fund?

The Tax Office has recently released a draft Self Managed Superannuation Fund Determination (SMSFD 2009/D1) outlining the Commissioner’s view that the acquisition of a trauma insurance policy by the trustee of a self managed superannuation fund (SMSF) does not necessarily result in a contravention of the sole purpose test.

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The Fair Work Act and Transitional Legislation

Clients will be aware that the Fair Work Act 2009 (Cth) (FW Act) and Fair Work (Transitional Provisions and Consequential Amendments) Act 2009 (Cth) (Transitional Act) commenced operation on 1 July 2009. This bulletin outlines, in summary, a number of features of these laws and how they will impact on your business.

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