News & Articles

 by Alicia Thomson We previously published an article on downsizer contributions in May this year and referred to the potential to utilise the rules with a non-cash “sale” to a related party. The government has since updated the...

by Duc Hong Many SMSF trust deeds include a standard Binding Death Benefit Nomination or require that the BDBN follows a set format. For the BDBN to be valid and to avoid uncertainty when it's come to paying out a death benefit, it is...

 by Abra Chowdhury According to SIS regulations, if a member starts an account-based pension after 1 July 2007, a minimum amount must be paid each year. Minimum pension drawdown percentages are based on the member’s age. Recently, the...

When it comes to the annual tax return, the latest reporting requirements state that applicable LRBA balances must be reported to the ATO by using the new label within the member section of the annual return (Part F - Label Y). This will...

It may only be the start of winter, but with the fallout from Covid-19 some of you may already be snowed under.  Job keeper applications, early release of super and general support for your clients may have you battling to meet the 30...