Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREATO upping scrutiny on risky SMSF strategy
SMSF practitioners should exercise caution with strategies involving transferring life estate interests to an SMSF with the ATO looking at them “in every possible detail”, according to one industry lawyer.
DBA Lawyers director Daniel Butler noted the steadily increasing publicity around SMSF members transferring life estate in business real property (BRP) by way of in kind or in specie contributions to SMSFs is potentially problematic for those who don’t understand the risks they are entering into.
Read the full story at SMSF Adviser.
Jim Chalmers warns budget revenue upgrades will be modest but flags...
Treasurer Jim Chalmers will say lower commodity prices and a softening labour market mean this year’s revenue upgrade...
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QANTAS pays women 37% less, Telstra and BHP 20%. Fifty years after...
Men continue to outstrip women in the salary stakes, with men’s median annual salary $11,542 greater than women’s,...
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