Federal Budget 2024: Australia has made its future, but leaves small...
Treasurer Jim Chalmers presented his third Federal Budget on 14 May. The small businesses temporary instant asset...
READ MOREASIC document on SMSF advice costs questioned
An industry body has questioned the corporate regulator’s focus on the risks of SMSFs in its campaign targeting new trustees, calling the data sources used in its fact sheet inconsistent.
In a statement released on Monday, SMSF Association chief executive John Maroney said that while the association agreed that SMSFs were not suitable for every client, the data used by ASIC in its fact sheet, “Self-managed superannuation funds: Are they for you?”, distorted the costs involved in running a self-managed fund.
Read more at the ifa.
Previous
STP gives ATO ‘unprecedented visibility’ of super information
Next
The weird excuses people give the ATO at tax time
IFAC accelerates engagement on anti-corruption and anti-money...
As evolving threats such as climate change, artificial intelligence, and geopolitical conflicts put increasing...
READ MORE
Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORE