19 Jan Verifying asset values in a SMSF.
ATO issues fresh warning on valuations after major cases.
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General Insights
15 Jan Admin, BDBN errors flagged for SMSFs this year
SMSF practitioners and their clients have been cautioned on some of the ongoing mistakes that continue to be made with documentation and some of the newer traps that have cropped up with the changes to superannuation.
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11 Jan ATO targets non-arm’s length income – NALI
Following a series of ATO audits conducted on SMSFs in recent months, the ATO has been applying non-arm’s length income to a number of SMSFs resulting in serious tax consequences for these funds, warns an industry consultant.
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31 Dec Ranking of the world’s best: Taking it personally
You may have read about the latest ranking of Australia as one of the best countries for retirees in terms of lifestyle and retirement-income systems.
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30 Dec Reduce your bills with these household items
See what things you might have at home that could deliver you cost savings later on. We all enjoy the odd bargain and inexpensive label that delivers quality at a fraction of the price; however, sometimes shelling out a bit more up front can mean greater...
28 Dec The value of advice – Behavioural Coaching
Behavioural coaching is a major component in how a financial planner adds value to your portfolio.
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13 Dec Franking credit policy to dent retirement savings by 15 per cent
Data analysis based on a 20-year time frame indicates that Labor’s franking credit proposal could reduce retirement savings by 15 per cent for SMSFs with an average balance.
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11 Dec How much we will spend this Christmas!
Aussies are expected to spend big this Christmas, with the NSW and ACT as the biggest splurgers. The Commonwealth Bank’s Christmas Consumer Spending Survey has found that Australians will spend a hefty $10.7 billion this Christmas period. NSW and the ACT will be forking out the big...
04 Dec One in three Aussies travel without protection
It’s that time of the year when our thoughts turn to summer holidays, but amid the excitement of choosing a destination, don’t forget to arrange travel cover. In the last three years, one in three Australians have headed off internationally without the protection of travel...
04 Dec How to spend more mindfully this Christmas
Last Christmas Australians planned to spend an average of $955 over the festive season. We were left with an average credit card debt of $1,666. And almost one in five of us failed to pay off our Christmas debt in six months.i So it’s not...
