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Getting an Update About Limited Recourse Borrowing Arrangement

Limited Recourse Borrowing Arrangement (LRBA): An provision for the SMSF Trustee borrowing a loan from a third-party lender. This arrangement is usefu...

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Have You Heard About Transfer Balance Account Report Reporting?

For SMSFs, one new event-based reporting (EBR) framework has commenced since July 1, 2018. This reporting helps the ATO to administer the Transfer Bal...

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ATO Stricter in Late Lodgements

The late lodgements of SMSF have been a key focus in compliance for quite some time. While ATO addressed this concern, they have ramped up their appro...

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Recent Revelations for SMSF Annual Return in 2019

Self-Managed Superannuation Funds is a good way to save money for the post-retirement stage. It is a trust fund wherein assets are conquered and utili...