NSW Allows Electronic Witnessing of SMSF Trust Deeds

NSW Allows Electronic Witnessing of SMSF Trust Deeds

Video conferencing technology like Skype, WhatsApp, FaceTime and Zoom is now legal to use in the electronic witnessing of critical legal documents like SMSF trust deeds, powers of attorney and statutory declarations under new regulations in NSW. The new temporary...
Why COVID-19 Will Fast-Track the Use of E-Signatures

Why COVID-19 Will Fast-Track the Use of E-Signatures

One of the emerging issues from COVID-19 is the delay to SMSF trustees providing signed documentation. And while the ATO has produced a much-needed extension to June 30 for SAR lodgment, the reality of an entire nation self isolating and working from home has hit...
Commercial Leasing Code of Conduct Confirmed for SMSFs

Commercial Leasing Code of Conduct Confirmed for SMSFs

The Government has agreed to a new Code of Conduct (“Code”) that imposes a set of good faith leasing principles of commercial tenancies as a result of the economic impact of the COVID-19 pandemic. The Code applies to commercial tenancies suffering...
Extending Rent Relief to SMSF Related Parties

Extending Rent Relief to SMSF Related Parties

We know the ATO has sanctioned an SMSF negotiating rent relief with a related party tenant as a result of financial hardship during COVID-19. But what about other scenarios? Can a related unit trust meeting the requirements of a r13.22C unit trust provide COVID-19...