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ATO provides relief for resigned SMSF directors - Vimarsana News

ATO provides relief for resigned SMSF directors

Directors who have resigned prior to 1 December will no longer be required to obtain an ID under prospective tweaks to the rules issued by the ATO yesterday. ABRS 2022/D1 sets out changes to the “e

SMSF firms urged to review services ahead of TBAR change - Vimarsana News

SMSF firms urged to review services ahead of TBAR change

SMSF professionals will need to prepare for an earlier reporting deadline for reportable events from the 2022-23 year following recent details announced by the ATO. Last week the ATO told SMSF Advise

ECPI changes raise procedural questions for SMSF firms - Vimarsana News

ECPI changes raise procedural questions for SMSF firms

With the new ECPI changes now in place, its important SMSF firms establish procedures for how clients will select their ECPI calculation method, a technical expert has explained. In a recent articl

Clarity provided on confusing area with EPOAs, individual trustees - Vimarsana News

Clarity provided on confusing area with EPOAs, individual trustees

A technical expert has explained whether an SMSF will still be compliant in cases where there is only one individual trustee that is acting as an enduring power of attorney for the other member. In a

SMSFs still experiencing delays with SuperStream - Vimarsana News

SMSFs still experiencing delays with SuperStream

The latest version of the SuperStream standards has made the SMSF rollover process slower and more complicated according to around half of SMSF professionals in an industry poll. In its Quarterly SMSF