Tags
ASIC ATO banks budget complaints compliance CPA deduction deductions discrimination dividends education emissions trading employers fees first home buyers housing insolvency insurance Investment liquidation loans management fees Mortgages Penalties pensions phoenix politics Property red tape safe harbour SGC SMSF sport Super Superannuation superannuations Tax tax agents tax deductions tax evasion women workplaceCategories
Tag Archives: SMSF
SMSF’s In-house asset breaches up
The drop in investment values has caused problems for many self-managed superannuation funds with in-house assets. Partners Superannuation Services research has revealed 11.25 per cent of self managed superannuation funds (SMSFs) breached in-house assets limitations during 2008. Under the Superannuation Industry … Continue reading
Seminars for trustees of self-managed super funds
During March the Australian Tax Office will be running seminars for trustees of self managed superannuation funds in regional locations throughout Australia. They will be covering information that is relevant to SMSFs. Stephen Hall, Superannuation partner at Thomson Hall recommends … Continue reading
Posted in Superannuation, Tax
Tagged ATO, seminars, SMSF, Superannuation, tax office
Leave a comment
Superannuation trustees penalised
The trustees of a self managed superannuation fund have been issued penalties of $30,000 and ordered to pay $32,500 in costs for breaching the rules relating to their fund. On 15 October 2007 the Federal Court declared that the trustees … Continue reading