The ATO released the Superannuation Data and Payment Standards (Release Authorities, and SMSF Rollovers) Amendment 2021 on 29 March 2021.
Read moreLegislation 2021 – What remains before parliament?
Explore which bills have been introduced in the Australian Parliament but are yet to be passed.
Read moreSuper fund trustees must invest money in their member’s best financial interest
Recent media reports suggest that the Retail Employees Super Trust (REST) reached an out of court settlement with a litigant who wanted to force the REST trustees to take climate change seriously.
Read moreNSW Budget: Overview of proposed property tax
As part of the NSW Budget, the Treasurer announced a proposal to introduce a property tax regime that would provide taxpayers with a choice between paying a known amount of stamp duty at the time of purchase of a property, or an annual property tax charge.
Read moreNSW to take superannuation contribution holiday for 2 years
The NSW Government has announced that it will take a 2-year superannuation contribution holiday.
Read moreSMSF annual returns: late lodgment may impact fund status
The ATO has reminded trustees of self-managed super funds (SMSFs) that the annual return due date for some funds is 31 October.
Read moreThe future of employer super
What will be the impact on employer super of recent Australian Government announcements in the Federal Budget?
Read moreFederal Budget 2020-21: Initial observations on some of the major tax measures affecting business
This year’s highly anticipated Budget sets in motion key aspects of the economic recovery plan through a mixture of tax cuts, business concessions and bold measures to stimulate spending and investment.
Read moreBudget: Super trustees – new best “financial” interests duty
The Government has announced that it will legislate to compel trustees of APRA-regulated superannuation funds to act in the best “financial” interests of their members.
Read more2020-21 Federal Budget: “all about jobs” plus record deficit, big spending, backdated tax cuts and more
On Tuesday, 6 October 2020, Treasurer Josh Frydenberg handed down the 2020-21 Federal Budget, his second Budget.
Read more