Articles
Is General Expense NALI Material?
The SMSF industry breathed a small sigh of relief after the release of the latest general expense NALI rules. While…
ATO Softens Market Valuation Guidelines
The ATO has released softened market valuation guidelines providing a new approach for SMSF trustees and auditors. There is a…
Is an NFT a Collectable and Personal Use Asset?
The ATO has remained silent on whether a non-fungible token (NFT) is a collectable and personal use asset (“collectable”) or…
What If There’s No Comparable Sales?
The ATO requirement to include comparable sales in a kerbside valuation for property held in an SMSF result in delays….
The SMSF Reality of Owning NFTs
As the non-fungible token (“NFT”) craze continues, it is only a matter of time before they start to emerge in…
The Related Party Rent COVID Challenge
Related party rent valuations are fast becoming the next big COVID challenge for SMSF trustees. With property values reaching a…
Uncertain SMSF Asset Values Under COVID-19
One of the biggest sleepers from the impact of COVID-19 is uncertain SMSF asset values. For the first very time,…
APRA & ASIC Release Joint Letter to Super Trustees on COVID-19
APRA and ASIC have issued a joint letter to superannuation trustees on COVID-19. Both regulatory bodies have released their own…
3 Simple Rules for Related Parties
Trying to identify related party transactions in an SMSF can seem like pulling apart a set of Russian dolls: the…
What’s the Value of an Unlisted Asset?
One of the inherent problems in trying to obtain market value for fund investments in entities is that they have…