Under the regulations, self-managed super funds (SMSFs) are not prohibited from carrying on a business, however, the business must be: allowed under the SMSF’s trust deed, […]
As most readers will know, prior to 1985 Australia had no general tax on capital gains. But after the capital gains tax (CGT) regime was introduced […]
The government recently released exposure draft legislation that removes the ability of taxpayers to deduct certain payments – including payment of wages and payments to contractors […]
An “integrity” measure, which aimed to stop SMSF trustees from manipulating their total superannuation balance in order to keep below the $1.6 million threshold, may have […]