The ATO has reminded SMSF trustees of the advantages they will have, including when it comes to penalty consideration, if they are upfront about unrectified contraventions.
Read moreATO encourages early engagement
‘Severe penalties’ for breach of new property tax rule
Accountants and investors are being reminded that the ATO will come down hard on taxpayers who don’t comply with a new rule that came into effect this financial year for taxpayers who plan to purchase or sell a property valued at $2 million or...
Read moreGovernment relents further on key tax measure
Federal Treasurer Scott Morrison has indicated he is set to provide further exceptions to a controversial tax and superannuation measure announced in this year’s federal budget.
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