Amendments to Auditor Independence requirements The accounting professional and ethical standards board (APESB) has released amendments to APES110- code of ethics for professional accountants, to align it with the recent amendments to the international code issued by the international ethics standards board for accountants (IESBA). The revisions to the code incorporate IESBA’s amendments in respect […]
Mixing Property and Your Self-Managed Super
SMSF Property Rules You can only buy property through your SMSF if you comply with the rules. The property: Must meet the ‘sole purpose test’ of solely providing retirement benefits to fund members Must not be acquired from a related party of a member Must not be lived in by a fund member or any […]
What can a SMSF Invest in?
What can a SMSF Invest in? Investing through your SMSF is a tax-effective way to create wealth. Income from your SMSF (including capital gains) is taxed at concessional rates, so you should end up saving more money for your retirement. But before you start anything; before you decide whether or not investing in property through […]
