The ATO is encouraging SMSF trustees to use its voluntary disclosure service to inform it early if a contravention has occurred.
If an SMSF member is diagnosed with a terminal illness, it is best not to close out the fund before the insurance has been paid, says a specialist.
Capital losses can be used to reduce or eliminate NALI tax exposures in relation to a tainted capital gain, says a legal expert.
Region-by-region economic outlook and latest forecasts for investment returns.
The funding gap between variable and fixed rate loans is continuing to widen.
Even investing small amounts on a regular basis will compound returns over time.
