Applications now open The Victorian Government has released details and opened applications for a number of assistance packages in response to the recent “circuit breaker” public health measures. This support package is quite narrow and we are not anticipating that many clients will be eligible. However, please read this summary and follow the links to […]
The ATO recently provided guidance in relation to what constitutes a bona fide car leasing arrangement. This is particularly relevant for a car that is provided as a fringe benefit using a novated lease agreement. As well as explaining certain conditions that need to be satisfied for a car leasing arrangement to be bona fide, […]
Asset valuation is a key component of preparing meaningful SMSF financial reports. The investment values adopted will directly impact the rate of return achieved and each member’s total superannuation balance. Reporting fund investments at market value on an annual basis is required to confirm that your SMSF has complied with relevant super law for: preparing […]
