BGL has analysed 2017 and 2018 franking credit data for SMSF tax returns lodged through our market leading Simple Fund 360 software.
The recent case of Burgess v Burgess  WASC 279 (‘Burgess’) continues a line of cases that consider the conflict that arises where a person acts as executor of a deceased estate while also receiving superannuation death benefits in their personal capacity.
The FASEA today marked its plans to recognise the prior learning of those with specialist designations and tertiary qualifications related to financial services.
Around 76 per cent of accountants plan to either stop providing financial advice or refer their clients to a financial planning firm once the FASEA standards commence, according to an industry poll.
We compare the option of a director nominating an alternate director in contrast to nominating a successor director in a self managed superannuation fund (‘SMSF’) context to determine which is better.
A recent straw poll indicates that over three-quarters of SMSF professionals would like to see the accountants’ exemption restored, either in part or in full.