News : ATO

ATO

Retirement income taxes remain on the agenda

Submissions on superannuation taxes are still being considered as part of the current tax white paper process, even though the federal government has emphatically said it will not impose any new such taxes in its first term, a Treasury official has said.

read more
ATO

ATO to focus on dividend stripping, asset values

Female soccer player taking free kick

The ATO’s SMSF compliance activity over the next 12 months will pay particular attention to dividend stripping, asset values and related-party loans.

read more
ATO, Compliance & Regulation

LRBA tax treatment improved

Legislation clarifying and consolidating the tax treatment of limited recourse borrowing arrangements (LRBA) has been introduced into Parliament.

read more
ATO

ATO NALI decisions on gearing questionable

A window with cracks appearing in it.

The two ATO interpretive decisions (ID) released late last year dealing with the treatment of zero interest related-party loans to SMSFs are flawed, according to an industry expert.

read more
ATO

ATO ID provides greater life insurance flexibility

A recent ATO interpretative decision (ID) has provided increased flexibility for SMSF trustees in regard to the tax treatment of life insurance cover taken out inside the fund.

read more
ATO, Investments

Negative gearing not good SMSF fit

Individuals looking to implement a negative gearing strategy to invest in residential property should do so outside of their SMSF, an accounting firm partner has said.

read more
ATO

ATO calls for SMSF SuperStream urgency

Close-up of a stopwatch

The ATO is urging SMSF trustees who have not taken the necessary steps to make their funds SuperStream ready to receive contributions from medium to large employers to do so before this year’s 30 June deadline.

read more
ATO, Business news

Industry body calls for sensible tax talks

The SMSF Association has called for the government and industry to have informed dialogue about superannuation tax concessions without reliance on flawed measures like the Treasury Tax Expenditures Statement as justification to make changes to the system.

read more
ATO

Tax body publishes new SMSF trustee book

Taxpayers Australia has launched a book designed to boost SMSF trustee knowledge and assist them in running their own retirement savings vehicles.

read more
ATO

ATO pressing on with super garnishees

The Australian Taxation Office is continuing to exercise its ability to garnishee an individual’s superannuation benefits in an effort to recover any outstanding money owing to it.

read more

Copyright © SMS Trustee News 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.