Until recently, outsourced trust administration has not been available to Australian accountants. But that’s all changing as Supernova launches Supernova Trust – the newest tool in our suite of solutions for accounting firms. For years, Supernova has been helping accountants better manage SMSFs. As we listened to our clients share the

Supernova’s downloadable annual Tax rates and thresholds tables is a concise summary of all the rates and thresholds that apply to contributions and benefits, employment termination payments, super guarantee and co-contributions updated for the 2021-22 tax year including the covid-19 related changes to pension minimums

Due to the financial impacts of COVID-19, some SMSFs have had to either, provide rental relief to tenants or apply for loan repayment relief. In these situations, auditors will need to form an opinion on whether this relief represents a commercial or arm’s length dealing

SMSF members can apply for release of their super under the COVID-19 early access arrangements through myGov. The ATO will then issue them with a determination advising of their eligibility to withdraw an amount. When the Trustees receive the determination from the member, They will

ASIC has today announced three temporary relief measures that will assist industry in providing consumers with affordable and timely advice during the COVID-19 pandemic. Relief to facilitate advice about early access to superannuation As part of its COVID-19 economic response, the Government introduced measures to