Articles
APESB Overhauls SMSF Engagement Letters
In a move that has gone largely unnoticed by the SMSF industry, the Accounting Professional and Ethics Standards Board Limited…
Why PS LA 2020/3 Covers All SIS Breaches
Is there a glaring omission in the new Practice Statement Law Administration 2020/3 (PSLA)? It would appear at first glance that…
The Limitations Of Routine or Mechanical Accountants
The new rules for SMSF auditor independence are clear about the choice facing SMSF firms undertaking both the audit and…
LRBA Property Development Catch-22
In this second article of our four-part series, we look at the compliance issues surrounding property development and LRBAs. One…
ASIC Warns SMSF Trustees at Risk in Volatile Markets
ASIC has provided an early warning for SMSF trustees at risk due to increased trading activity in derivative investments and…
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…
ATO Clarifies Related Party Temporary Waiver of Rent
The ATO has clarified the situation where an SMSF owns real property and has been requested by a related party…
Govt Provides Extension to SAR Deadline on Request
The Government has recognised the affect of COVID-19 on many SMSF trustees and their service providers as they prepare to…
COVID-19 Early Release Requirements for SMSF Audit
The Government’s has implemented its early release of super plan as part of their COVID-19 stimulus measures to assist SMSF…
Aligning SMSF Compliance with COVID-19
The ATO has published answers to a number of frequently asked questions relating SMSF compliance as a result of COVID-19…