The answer to whether a property meets the real purpose of business real property ('BRP') is "it depends". A complete...

The ATO has released its long-awaited guidance to SMSF auditor independence, reaffirming the requirements set out in APES 110 Code...

Related party rent valuations are fast becoming the next big COVID challenge for SMSF trustees. With property values reaching a...

In a move that has gone largely unnoticed by the SMSF industry, the Accounting Professional and Ethics Standards Board Limited...

SMSF auditors have been witness to some outlandish expense claims and get frequently asked: "can an SMSF claim this as...

Is there a glaring omission in the new Practice Statement Law Administration 2020/3 (PSLA)? It would appear at first glance that...

SMSF auditors have been handed a small, but significant, shift in their responsibility as SMSF gatekeepers by the release of...

The new rules for SMSF auditor independence are clear about the choice facing SMSF firms undertaking both the audit and...

As official interest rates hover at an all-time low of 0.25%, the derivatives lure catching SMSFs stems from their inability...

In the last part of our feature series on property development, we discuss related party joint ventures and the difficulty...