SMSF Alert: September 2014

Key Developments Dividend washing update Guidance from ASIC on when a SMSF is a ‘wholesale client’ Summary of recent law changes     It’s been another slow month in the world of superannuation, although for super members and trustees that’s good news. Let’s take a look at the significant developments. More on dividend washing In SMSF Alert: March 2014 we said that the Tax Office had issued letters to those involved in dividend washing (see Franking credits: Don’t push the envelope) requesting they amend their past tax returns and cough up additional tax. The Tax Office recently announced that they’ve sent...

It’s been another slow month in the world of superannuation, although for super members and trustees that’s good news.

Let’s take a look at the significant developments.

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