Hot Topics

ATO Monitoring of SMSF Auditors

The mandatory reporting regime - where Auditors must make Contravention Reports to the ATO where non-compliant funds are found - has resulted in thousands of Contravention Reports being lodged in Calendar 2013. Trustees are well advised to retain the services of up to date competent professional advisers.

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Super Death Taxes

How much of your super goes to the tax man when you die? Often when a person dies a large proportion of their super is liable for taxation, resulting in up to 30% of their super capital value being lost in tax.

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