Australian Taxation Office SMSF updates and guidance for auditors and trustees
The Australian Taxation Office (ATO) and the Institute of Public Accountants (IPA) have released important updates this month. From lodgment obligations for new SMSFs and ongoing consultation on Payday Super reforms to consequential amendments under the new Aged Care Act, these developments carry si ...
SMSF property valuations for trustees in Australia – ATO compliance
For trustees of a Self-Managed Super Fund (SMSF), accurate property valuations are more than just numbers — they’re a key part of compliance, strategy, and long-term success. With the Australian Taxation Office (ATO) tightening requirements, SMSF property valuations have become more important th ...
In the Australian corporate tax landscape, tax losses can be a valuable asset. When your company’s deductible expenses exceed its income, you may be able to carry forward those losses to offset future profits—reducing your tax bill for years to come.Bu ...