SUPERCentral is Australia's leading online SMSF Services provider to Accountants, Financial Advisers and SMSF Administrators.
News
When is a Will Revoked?
14/11/2008
Cupid’s arrow recently pricked a client of ours who at the age of 61 has just remarried. He rang us to ask whether his new marriage would affect his Will. The answer of course is that it most certainly does. It is appropriate to look at when a Will is revoked by certain actions of the testator, sometimes automatically without the testator realising.Income Tax Problems in SMSFs
14/11/2008
Misreporting in SMSF income tax returns is a major problem. This is one of the conclusions drawn from a review of the 2006/07 and 2007/08 SMSF compliance programme conducted by the ATO.Government Guarantee on Bank Deposits
04/11/2008
The Rudd Government’s guarantee on bank deposits will extend to bank deposits of self managed superannuation funds.Guarantees All Round
04/11/2008
In the early 70s, when inflation became a serious problem the solution was to index everything in an attempt to immunize or reduce the negative effects of inflation.Separate Net Income & Account-based Pensions
04/11/2008
The ATO has recently issued an Interpretative Decision as to the treatment of account-based pensions for the purposes of calculating the dependants’ rebates of a taxpayer.