Going concern basis of accounting

Going concern basis of accounting

Recent economic uncertainty raises questions around what responsibilities trustees and auditors have in relation to an SMSF’s ability to continue as a going concern. “Economic uncertainty” is a phrase we hear all too much lately due to most organisations and...
The do’s and don’ts of the Downsizer Contribution

The do’s and don’ts of the Downsizer Contribution

The downsizer contribution allows individuals, who may be prevented from making superannuation contributions due to their age, work status, contributions caps or their total superannuation balance, the ability to make superannuation contributions using some of the...
Key changes to the 2019 SMSF tax return

Key changes to the 2019 SMSF tax return

The Australian Tax Office (ATO) has made a number of key changes to the Self-managed superannuation fund 2019 annual return to facilitate the superannuation reforms that came into effect on 1 July 2018. The four changes across 3 sections of the return are highlighted...