Blogs & Resources
24 January 2014
If I have recently registered a Self Managed Superannuation Fund (SMSF) what is the due date for its tax compliance?
Newly registered SMSFs must generally lodge their annual return by the 28 February following their first financial year, when using an accountant / tax agent. I…
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16 January 2014
If I am receiving an account based pension, can I commute my pension i.e., take a lump sum and allocate it towards my minimum pension payment?
Yes. The Australian Taxation Office (ATO) has released Self Managed Superannuation Fund Determination 2013/2 (SMSFD 2013/2) stating:
1. When a me…
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10 January 2014
What is an in house asset in relation to a Self Managed Superannuation Fund (SMSF)?
An in house asset is defined in Section 71 of Superannuation Industry Supervision Act 1993 (SISA 1993) as an asset of the fund that is:
- A…
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6 January 2014
What is the maximum amount of superannuation that can be contributed to my superannuation fund in one year?
Learn more1 January 2014
What happens to the deductions that are claimed as apart of the Research and Development (R & D) Tax Incentive?
Learn more30 December 2013
If I am a trustee of a Self Managed Superannuation Fund (SMSF) what happens if I become a disqualified person, i.e., bankrupt?
Learn more10 December 2013
Can I claim my Christmas party as a tax deduction and what are the fringe benefit tax implications?
Learn more5 December 2013
How is a distribution / payment of money from a private company (pty ltd) to a shareholder by a liquidator treated?
Learn more29 November 2013
What is an amalgamated loan in terms of Division 7A and when will it not be treated as a dividend?
Learn more8 November 2013
What conditions should be in place if I have borrowed money from my company (Pty Ltd)?
Learn more5 November 2013
What type of tax returns for the 2013 financial year were due by 31 October 2013?
Learn more1 November 2013
What if I have a loan with my company (Pty Ltd) but I treat it like all other commercial loans?
Learn more20 October 2013
