Community
Penalty amnesty tempts 7,000 small businesses back into tax system
UPDATED: This budget measure waives fines for late lodgment of income, BAS and FBT returns due during the pandemic.
Average ATO refund tumbles $430 compared to last July
Fewer taxpayers have raced to file an early return and the total paid out in refunds is already down by $1.7 billion.
Transferring wealth to the next generation
Inheritance planning, particularly the future division of wealth and the intended treatment of assets, should be openly discussed at the family level.
Last chance for $25,000 super deduction
For those with a super balance under $500,000, the 2024 financial year is the final year unused concessional contributions from the 2019 financial year can be applied.
Super gender divide to remain a challenge
The Federal Government has flagged it expects the gender gap in superannuation balances to persist well into the future.
Intergenerational Report 2023
Australia’s future to 2063
Oldest Buildings in the World
Check out the oldest buildings in the history of the world.
Single-asset segregation barred
A single asset cannot be treated in a manner that allows it to support some SMSF members in accumulation phase and others with a pension account.
Managing complex relationships in SMSFs comes down to well-crafted deeds
Marriage breakdowns and SMSFs are tricky and expensive, but if the fund has extended family members included it can get even trickier, says the head of a national SMSF advice company.