SMSF
Rock and a hard place: where tax law and super regs overlap
Unfortunately, when ATO rulings are slavishly followed by professionals, the tax office’s revenue collection is placed ahead of a client’s best interest.
SMSF
SMSF
Take care jumping into global stocks if Labor curbs franking
Investment professionals say SMSF holders need to be careful how, and when, they reallocate assets in response to the proposed plan to limit franking credit refunds next year.
SMSF
Franking-credit plan soaks more than rich, critics say
Ending tax refunds on franked dividends would hurt those who can least afford it, an alliance including the SMSF Association argues.
SMSF
Labor franking credit plan could add SMSF members
Banning tax refunds for franking credits could result in more SMSF members, rather than encouraging people to move into regulated funds, Max Newnham finds.
SMSF
First Home Super Saver not worth the trouble
Either salary-sacrificing or personal tax-deductible contributions could be more advantageous than using the more intricate FHSS scheme. Max Newnham writes.
SMSF
What you can and can’t do – to avoid litigation
Attorney Peter Bobbin reminded SMSF advisers that it’s important to be clear about the reach and limits of their abilities.
SMSF
Reject ‘at least some clients’: legal expert
Advisers need to exercise prudence and thorough risk management when taking on new SMSF clients, a specialist in SMSF law says.
SMSF
Opt-in rules put premium on insurance strategies
Young and old members will require a thorough review of options for cover under the federal government’s new laws.