“Again, applying Division 296, the member will not be paying an extra 15 per cent on the taxable portion of $400,000 but in ...

Trustees should not assume that the ATO will automatically accept a valuation they’ve provided, a legal specialist has warned ...

Treasurer Jim Chalmers’ proposed Division 296 super tax is reckless, short-sighted and dangerous precedent that will ...

The 2019-20 unused concessional carry-forward contributions drop off this year, so time is of the essence for clients who can ...

For someone impacted by the extra tax on those with more than $3m in super (known as Division 296 tax), it’s not necessarily ...

The ATO has issued guidance on what SMSF members need to understand about compliance regarding responsibilities when ...

The ATO has recommended that SMSF members and trustees be informed and protected when investing in crypto assets.

Although it is likely the Division 296 tax will be retrospectively enacted, it’s best not to act impulsively, a leading ...

Following the purge of veteran MPs after Labor’s landslide election victory, the Coalition has announced a new shadow ...

SMSFs are turning to investment bonds as an alternative to help mitigate the effects of the proposed Division 296 tax and ...

Taxing unrealised capital gains is an “assault on Australian taxpayers”, a former treasury secretary claims. Speaking on Sky ...

Treasurer Jim Chalmers said after three rounds of consultation “nobody” could propose a better way to calculate how super ...