Several years ago, the ATO published valuation guidelines for self-managed superannuation funds (SMSFs) to assist in their compliance obligations. SMSFs and their auditors are facing a number of challenges in ...
Several years ago, the ATO published valuation guidelines for self-managed superannuation funds (SMSFs) to assist in their compliance obligations. SMSFs and their auditors are facing a number of challenges in applying these in 2020.
Discretionary trusts that own ‘residential land’ in New South Wales or hold an ownership interest in a company or unit trust that owns residential land in New South Wales must amend their trust deeds before 31 December 2020 to exclude foreign persons as beneficiaries, otherwise foreign land tax and duty
The government has reintroduced its Bill to increase the maximum number of people who can be in a self managed superannuation fund from four up to six. Many are excited about this concept, but is it really a good idea?
The government has reintroduced its Bill to increase the maximum number of people who can be in a self managed superannuation fund from four up to six. Many are excited about this concept, but is it really a good idea?
In a rising property market, parents are increasingly helping fund their child’s deposit for their first home, buying them successive houses, businesses or cars, paying out their debts or otherwise rescuing them from financial scrapes.
As a result of COVID-19, Australians’ tax debts are at a record high. During the height of the pandemic, the ATO also slowed its tax debt recovery activity, so it collected less revenue than usual.
As a result of COVID-19, Australians’ tax debts are at a record high. During the height of the pandemic, the ATO also slowed its tax debt recovery activity, so it collected less revenue than usual.
It is a common misconception that assets owned by a trust will not form part of the property pool available for division between spouses.
Changes to the Australian Consumer Law (ACL) will soon allow more customers access to the ACL’s consumer guarantees when acquiring goods or services.
Changes to the Australian Consumer Law (ACL) will soon allow more customers access to the ACL’s consumer guarantees when acquiring goods or services.
This article sets out some of the more important considerations for community sheds looking to obtain DGR status.
This article sets out some of the more important considerations for community sheds looking to obtain DGR status.
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.