by smsfoptions | Mon, Jun, 2014 | SMSF News, SMSF Options, Tips and traps, Trustee
The ATO has introduced new penalty powers which it can impose on you if your fund breaks certain superannuation rules. The new rules apply from 1 July this year and allow the ATO to fine you and require you to rectify the mistake that has been made. They can also...
by smsfoptions | Tue, Nov, 2013 | Adviser, SMSF News, SMSF Options, Trustee
On Wednesday 6 November 2013, the Treasurer, the Hon Joe Hockey MP, and the Assistant Treasurer, Senator the Hon Arthur Sinodinos AO, announced the Government’s decision to abandon some of the previous Government’s tax and superannuation proposals. The announcement...