LRBA and NALI – Interaction and application of PCG 2016/5 and TD 2016/16. Source: Limited recourse borrowing arrangements and Non arm’s length income | Australian Taxation Office
Source: What’s ahead for SMSFs? | Australian Taxation Office
Source: Be Super Scheme Smart, if in doubt, check it out! | Australian Taxation Office
Source: SMSF News 39 The introduction of the SMSF early engagement and voluntary disclosure service, the extension of the deadline to review the LRBAs, and the new tax governance guide are just some of the topics that we have in this edition for you to
Accountants would increasingly adopt multi-advice models including the delivery of financial planning and SMSF advice as they dealt with increasing cost pressures and changing client expectations. Source: Accountants to migrate to financial planning | Money Management
Source: Diverting personal services income to an SMSF | Australian Taxation Office
The Electronic Lodgement System (ELS) is being retired. SBR is the new software format to be used by tax professionals to send reports and data to the ATO and other government agencies The aim is to: Increase productivity: less time on paperwork Low Cost: built into
The ATO, recently released guidance statement PCG 2016/5 which changes the terms for related party Limited Recourse Borrowing Arrangements (LRBAs). This Guideline sets out the ‘Safe Harbour’ terms on which SMSF trustees may structure their related party LRBAs for income tax compliance purposes, (ie loans
08 Feb 2016 By Krystine Lumanta A successful outsourcing and offshoring relationship depends greatly on the qualifications and experience of the staff processing the SMSF work. “At the end of the day, we fall back on the quality and the training [of our staff],” BPO
