Latest News Archives - Page 56 of 74 - Virtue & Partners

ATO flags PAYG obligations for SMSFs with legacy pensions

The ATO has reminded SMSFs that are paying capped defined benefit income streams to members to ensure they are meeting their PAYG obligations.
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Don’t just plan for retirement; Plan for your life

In the financial services industry, advising people to spend money is like being a doctor encouraging ice-cream consumption.
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Consumers misunderstand types of advice

The need to be studious about our financial future never goes away and ASIC is pushing hard to help us all understand this. Advice is very important but so to is having a good understanding of what is being proposed.
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Budget Time – How’s Australia going?

A quick look at these facts and figures and you'll be totally prepared for Tuesday's Budget.
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When super isn’t compulsory

As Australia’s $2.8-trillion super system attracts even more headlines than usual, more people may mistakenly assume that almost everyone in the workforce is covered by at least compulsory contributions.
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Investors brace for Brexit – deal or no deal

When people in the UK woke up on 24 June 2016 to the news that the country had voted to leave the EU (or "Brexit" as it is now commonly known), little did they know that 2.5 years later, the future of the UK's relationship with Europe would still be unclear. As debate and negotiation continue, what should investors do?
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ATO identifies SMSF contravention red flags

The ATO has identified certain red flags and problem areas with SMSFs that will attract its attention, ahead of tax time 2019.
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Extra website resources and tools is one way we offer you and your family more.

The following are available via our website and are not often available in the one place. All can save you time and effort. *
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Tax and estate planning traps flagged with pension restructures

While the ATO has previously stated that changing a pension to reversionary after it has been commenced is generally fine where the deed allows it, it may be safest to stop and restart the pension, says a technical expert.
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A checklist for a healthy financial year

A year may not seem like a long time, but a lot can happen in 365 days. Since last February, you may have changed jobs, received a raise, gotten married or divorced, brought home a baby or had one of your kids move out of home.
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High-risk LRBAs, TBAR on the ATO’s radar this year

LRBA - Limited recourse borrowing arrangements TBAR - Transfer balance account reporting
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All you need to know about how Australia is going.

One great source of data about Australia. Become better acquainted with the country we love.
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