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Disclaimer
These notes are intended to be a guide only. None of the comments contained in these seminar notes are intended to be advice, whether legal, financial or professional. You should not act solely on the basis of the information contained in these notes because many aspects of the material have been generalised and the tax laws apply differently to different people in different circumstances. Further, as tax and related laws change frequently, there may have been changes to the law since the notes were written. Specific advice should always be obtained from a tax professional.

Document Type

Publication

Pages

200

Published

November 22, 2024

Notes Online Home 2024 Super Schools Day 1

This publication, as a whole, is available in HARDCOPY only.

These seminar notes cover the following topics:

  • What’s New For SMSFs And Super
  • NTAA Guide To SMSF Investments In Unit Trusts And Companies
  • The Latest Key Danger Areas For SMSFs
  • NTAA's Guide To Surviving An SMSF Audit

 

Chapters and Articles in 2024 Super Schools Day 1

Dealing With The In-House Asset Rules For SMSF Investments In A Unit Trust Or A Company

Dealing With The Prohibition On SMSFs Acquiring Units Or Shares From A Related Party

The Potential Dangers With Unpaid Present Entitlements To SMSFs

Can An SMSF Borrow Money To Acquire Units Or Shares In A Related Trust/Company?

The Roles And Responsibilities Of SMSF Trustees

Understanding The Role Of An SMSF Auditor

How To Prepare SMSF Clients To Satisfy The Investment Strategy Requirements

Practical Guidance On What SMSF Auditors Look For When Performing The Audit

Dealing With Problems Identified During An SMSF Audit

ATO Targets The Incorrect Valuation Of SMSF Assets – SMSFs Using The Same Asset Values

Potential Traps For SMSFs That Lease Business Premises To Related Parties

Common Compliance Issues And Traps With Making In-Specie Contributions To An SMSF

Key Compliance Issues And Audit Traps With Paying A Pension From An SMSF

The Hidden Traps For SMSF Trustees And Directors Who Travel Overseas

The Dangers For SMSFs Developing Property Under The Borrowing Rules

The Latest Guide To Accessing Super To Make Mortgage Repayments

NEW Disclosure Requirements For Trust Distributions To SMSFs In 2024

Maximum Preservation Age Of 60 Applies From 1 July 2024

NEW ATO Guidelines For SMSFs That Fail To Comply With The Pension Standards

Navigating The NEW Contribution Caps And TSB Thresholds From 1 July 2024

Government Proposes NEW 15% Tax For Super Balances Exceeding $3 Million

Government Finalises Changes To The Non-Arm’s Length Expenditure Rules For SMSFs

Tribunal Confirms Tax Relief For Foreign Super Lump Sums Paid To Australian Funds

Tribunal Highlights Dangers With Personal Super Contribution Claims