News & Articles

ATO lodgement deferral for SMSFs

Posted on: Wednesday, April 22nd, 2020
The ATO has today announced a blanket lodgement deferral for 2018/19 SMSF Annual Returns to 30 June 2020.While this is a welcome development, we need to recognise that the extra time will slip by quickly given the challenges of...
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Rent Relief for SMSFs

Posted on: Tuesday, April 14th, 2020
by Alex PolorotoffFollowing the recent Government announcements regarding relief for tenants of rental properties, the ATO has clarified their guidance on how this impacts SMSFs.Briefly, they have indicated they will allow SMSFs...
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Working with Covid-19

Posted on: Tuesday, April 14th, 2020
The SMSF Engine team are all fit and healthy and working remotely to provide high quality SMSF services to our clients during these challenging times.  If you need any assistance we are ready to help.Early Access to Super – ...
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ATO release details on Event Based Reporting

Posted on: Monday, November 13th, 2017
The Australian Tax office has has substantially softened a highly controversial ‘events-based’ reporting proposal after consultation with industry bodies. The below is a edited summary of the ATO release From 1 July 2018:•...
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How Recent Super Changes Affect ABPs and TRIS

Posted on: Wednesday, November 1st, 2017
Despite the recent superannuation reforms, and the introduction of the new transfer balance cap, starting an ABP is still very tax-effective, since the income from the assets supporting the ABP (i.e., basically up to $1.6 million...
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