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 MORESMSFs on ATO's 'hit list' with trust crackdown
Following an ATO announcement that risky arrangements involving trusts will be a key focus for the Tax Avoidance Taskforce, SMSFs have been warned they are not immune from the ATO’s compliance action in this area.
Speaking to SMSF Adviser, DBA Lawyers director said the ATO is continuing to target higher risk trust arrangements in privately-owned and wealthy groups through its Tax Avoidance Taskforce.
Read the full article on SMSF Adviser.
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