Restructuring – To Roll Or Not To Roll?
Division 7A: The ATO Are Digging Deeper
Death And Incapacity And The SMSF: Who Steps In To Call The Shots?
The general requirement of an self managed superannuation fund (SMSF) is that all members must be trustees of the SMSF or directors of the SMSF corporate trustee. As such, putting aside disputes between trustees/directors, generally members are making the decisions about their benefits and the assets of the SMSF.
Back To Basics: With Flexibility Can Come Complications: The Use Of Trusts
SMSFS And Property Development: Key Compliance Imperatives
SMSFs (self managed superannuation funds) have been carrying on property development activities ever since SMSFs came into existence. Yet despite that there is still a common concern that such activities will cause the SMSF to become non-compliant, or subject to penalties, on the basis that such activities, and in particular undertaking a property development business, are prohibited.
Death Benefits: BDBNs or Retain Trustee Discretion?
Tax Traps in CGT Rollovers
Many business owners may be considering a restructure, merger, or demerger in the current economic environment to adapt, sustain, or promote growth in these tumultuous times. A change in a corporate structure typically entails either the change of ownership interests in the entire business or the transfer of specific assets of the business.
Business in an SMSF: Is it Ever a Good Idea?
SMSFs (self managed superannuation funds) have been carrying on business and business like activities ever since SMSFs came into existence. Yet despite that there is still a common concern that such activities will cause the SMSF to become non-compliant, or subject to penalties, on the basis that such activities are prohibited.
Coronavirus and SMSFs: Keeping Ahead of the Changes
SMSFs Engaging in Property Developments
SMSFs (self managed superannuation funds) have been carrying on property development activities ever since SMSFs came into existence. Yet despite that there is still a common concern that such activities will cause the SMSF to become non-compliant, or subject to penalties, on the basis that such activities, and in particular undertaking a property development business, are prohibited.