Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORESMSFs cautioned on ‘antiquated rule’ with death benefit payments
SMSF clients should pay close attention to the two-lump-sum restriction for death benefits, as breaching this standard could have potential implications for how the payment is assessed.
Speaking in a recent webinar, DBA Lawyers senior associate William Fettes explained that sub-regulation 6.12(2)(a) of the SISR specifies that the payment of death benefits not in the form of a pension must comprise a single lump or an interim and a final lump sum.
Read more at SMSF Adviser
Previous
Shape of small businesses to define digital approach: ATO
Next
Western Australia doctor prescribed jail time for failing to comply with court orders
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...
READ MORE
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,...
READ MORE