Purchasing property through SMSF lending is becoming increasingly popular, however the requirements and restrictions around the borrowing strategy can be quite stringent. Read More

Pre-budget speculation around changes to Australia’s current superannuation rules and tax concessions may be a cause for concern among some taxpayers. Read More

Individual trustees and directors of self-managed super funds (SMSF) take on a number of significant responsibilities and obligations when running their fund. Adhering to the sole purpose test is one of the most fundamental superannuation rules all trustees must follow to avoid facing serious penalties and to ensure their SMSF remains eligible for the tax concessions normally available to super funds. Read More

Australia's SMSF sector has experienced tremendous growth over the past decade, with a vast majority of funds now being set up with two members, usually a husband and wife or de facto couple. Read More

The ATO is urging small business owners to adopt the SuperStream standard before the impending 30 June deadline. Read More

The setup and maintenance of a website can be a costly expense and the rules in relation to what can be claimed are not always clear. Read More

Now is the time for property investors to take advantage of the tax strategies available to them. Read More

Businesses that operate from home can claim deductions for expenses incurred when carrying out income-producing work. Read More

Staying on top of your records all year round can save time, prevent unnecessary stress and help maximise a small business’s tax return. Although record-keeping can seem like a monotonous job, it is an essential part of running a business. Good record-keeping makes it easier to meet your tax obligations, manage cashflow and make sound business decisions. Read More

SMSF trustees will need to forego investments such as vintage cars, fine art and wine collections as new rules around collectables and personal use assets come into effect from 1 July. Read More