Community
Revised NALE rules ‘miss chance to clarify SMSF bugbear
The ATO will need to help trustees work out when an arrangement is internal to the fund for the purposes of non-arm’s length expense rules, says the NTAA.
High deposit rates, but the case for equities is strong
Investors can currently lock in attractive term deposit rates, however equities are still likely to outperform cash over the longer term.
The benefits and risks of collectable super assets
While owning collectable and personal use assets inside a SMSF may sound appealing, there’s a big catch.
Our investment and economic outlook, September 2023
Read our region-by-region economic outlook and latest forecasts for investment returns.
Living comfortably in retirement just got more expensive
The amount of superannuation needed to live comfortably has risen to a record high as the cost-of-living crisis continues to impact all Australians.
SMSFs will continue to grow as government eyes superannuation coffers
Following the release of the government’s latest Intergeneration Report there is renewed confidence that more people will see SMSFs as a more attractive option as a savings vehicle for retirement.
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.