Stay in the know with our industry updates, expert opinion, and tips
Coming into 2018, investors were largely optimistic about global markets, in the belief that for the first time since 2010, the world was showing synchronised global economic growth1, which should in turn lead to higher corporate profits and therefore continued upward share price movements.
Read MoreLimited recourse borrowing arrangements (LRBAs) allow an SMSF to borrow money for the purchase of a single asset (or a collection of identical assets that have the same market value) to be held in a separate trust. Investment returns from the asset go to the SMSF and if the loan defaults, the lender’s rights are limited to the assets held in the separate trust. While LRBAs could potentially be an attractive avenue to achieve your retirement goals, the complexity and risks involved mean that forward planning is essential to get the best outcome.
Read MoreThe sharing economy is booming in Australia with a large proportion of the population either making it their full-time job or making a little extra money on the side. However, with the boom comes the all-seeing-eye of the ATO which is now firmly focused on the sharing economy. Its latest target are those people who rent/hire their car out in car sharing arrangements, but this is by no means its only focus, and comes on the back of a data-matching program on online accommodation platforms.
Read MoreSetting up your own self-managed super fund (SMSF) can be a complex task even before you seek registration with the ATO. It’s important that the SMSF be set up correctly for the sole purpose of providing retirement benefits for their members. Once you get to the ATO registration stage, it acts as the gatekeeper and uses analytical risk models to ensure that only genuine trustees are allowed into the SMSF sector.
Read MoreAre you a business that has had a GST refund held up as a part of the ATO’s risk assessment program to verify GST refunds? The Inspector-General of Taxation (IGT) has recently completed and released his review into ATO’s practice and the findings are surprisingly good for the ATO.
Read MoreThe sole purpose test is one the fundamental requirements for SMSFs to obtain tax concessions. It requires that the SMSF be maintained for the sole purpose of providing retirement benefits to its members or their dependents if a member dies before retirement.
Read MoreIn this edition of Investment Solutions magazine we take a look at what’s next for Australia
resources. BT Financial Group Investment Specialist, Riccardo Briganti, provides us with a market
update on local and international markets.
August saw a mixed month for the markets with heightened tensions in the global trade front, directing negativity towards emerging-markets currencies.
Read More
