From 1 July 2013, the Rollover benefits statement (RBS) is changing. The new RBS must be used for all rollovers from this date. The new RBS has no current year contribution information. The 2014 SMSF Annual Return (SAR) is […]
The Superannuation Legislation Amendment Bill 2013 may increase the annual supervisory levy payable by self-managed superannuation funds (SMSF’s) to $300 for the 2013-14 financial year. The annual supervisory levy is paid by SMSF’s to the Tax Office to ensure that […]
Trustees of SMSF’s are required by law to keep money and other assets of their fund separate from any money and assets that are either held by them personally or by a standard employer-sponsor or an associate of a standard […]
Well, to illustrate the importance of knowing what your customers really want… let’s take a real life example from the property industry. A property development and building company was promoting a new complex. The company thought the major reason tenants […]
In boom times it’s very easy for business owners to ignore the quality of their financial reporting system and turn a blind eye to financial management issues. Unfortunately when these bad habits spill over in to difficult economic times it […]
