The announcement was made this week and showcases the Brisbane-based firm along with nine other respected Australian law firms. ...
The announcement was made this week and showcases the Brisbane-based firm along with nine other respected Australian law firms.
Changes were made to the Justice Legislation (COVID-19 Emergency Response-Wills and Enduring Documents) Amendment Regulation 2020 (Qld) last week to extend the operation of that regulation to the signing of deeds.
The recent decision in the Marsella case confirmed the obligation of SMSF trustees to make a death benefit decision in good faith. But does this obligation apply wider than just to death benefits?
We have written about SMSFs providing rent relief to related parties, the issues involved, and the ATO’s ‘no action’ position. The ATO is now releasing its expectations of what auditors must do.
In February 2019, the decision of Re Marsella; Marsella v Wareham (No 2) [2019] VSC 65, provided some food for thought for trustees paying death benefits from self-managed superannuation funds
There are strict signing rules for Wills, enduring powers of attorney and many other documents. With self-isolation rules in force, it can be difficult to comply with signing rules at the moment.
The ATO has now clarified two aspects of its no action position for SMSF landlords providing rent relief to related party tenants because of COVID-19.
The ATO has finally published guidance on what relief a related party lender can provide an SMSF in relation to the repayment of related party loans.
The superannuation guarantee amnesty (SG amnesty) window is currently open. The main risk with the SG amnesty is making a disclosure, but not being able to pay the superannuation guarantee charge (SGC) – in which case, the benefits of the amnesty will not apply.
The market value of many common SMSF assets has plummeted in recent times, which can lead to SMSFs with in house assets breaching the 5% limit. What should these SMSFs do and how will the ATO react?
Following last week’s article on compliance hurdles faced by SMSFs if they want to provide rent relief to tenants, the ATO has announced guidance for SMSF landlords.
Landlords are providing rent relief and other incentives to help tenants deal with COVID-19. If your landlord is an SMSF, can they do this?
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.