Relatives are defined in both Section 10 (1) and Section 17A of SISA. Section 10 (1) definition is … Keep Reading
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Who is a Section 10 Relative
Relatives are defined in both Section 10 (1) and Section 17A of SISA. Section 10 (1) definition is relevant in…
Keep ReadingSMSF and GST
An SMSF is predominantly making financial supplies the provision of an interest in a super fund. Financials supplies are a category of input tax supplies. SMSF and GST.
Keep ReadingSMSF and Relationship Breakdown
The Family Court can make orders in relation to the property of the parties to a marriage under Pt VIII…
Keep ReadingSMSF Compliance Risks – Key Risk Areas for the New Financial Year
SMSF Compliance Risks: compliance traps to watch out for in the 2018//19 financial year. TBAR, NALI, LRBA, downsizer contributions, ECPI, depreciation.
Keep ReadingClaiming Depreciation for Second-hand Assets
From 1 July 2017, second-hand assets in residential properties are under new depreciation rules. In the past, when an SMSF…
Keep ReadingCGT Relief – Capital Losses Carried Forward and Deemed Capital Losses
There are advantages in a cost base lift to create a deemed capital gain. What about CGT Relief deemed losses? Are there benefits to reset
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