ATO responds to GST case involving SMSF

The ATO has issued a decision impact statement on a recent decision that determined whether an SMSF was liable for GST on the sale of subdivided lots.

Tax tips

The more detail you can give your accountant the quicker your tax return can be processed and, usually, the better the outcome. The following will help.

Census 2021 Data

Search through the data collected by the Australian Bureau of Statistics, and find interesting facts about how the country is changing.

How diversification fights investor biases

Investing in familiar names may bring a sense of comfort but by focusing too heavily on the Australian market, investors may limit their opportunity set and forgo the benefits of greater diversification.

Super Contribution Changes starting 1 July 2022

From 1 July 2022, there will be changes made to super to make it easier for Australians to grow their retirement savings.

Using trusts: Keeping it in the family

Trusts are used to hold assets for various reasons, but most typically for tax planning and asset protection purposes. Here's a little more insight into how trusts work.

ATO flags changes to TBAR reporting

New rules are in effect, which will see changes to how SMSFs manage transfer balance lodgement.

World GDP Ranking (1960~2025)

The following animated chart covers the period from 1950 to 2017. It is fascinating to see how the world changes over time.

Make the most of these super opportunities before June 30

With only about four weeks left until the end of this financial year, now's a good time to check your superannuation options.

Work test changes open up TBC strategies for couples

The contribution changes coming in on 1 July will provide more time for spouses in SMSFs to even up their balances and maximise their transfer balance cap, according to an advisory firm.