SMSF service providers are anticipating a serious spike in late lodgers this year, as professionals push to prioritise pension accounts before critical CGT and TBAR deadlines.
Joseph Cheung, Lawyer and William Fettes, Senior Associate, DBA Lawyers
An individual’s total superannuation balance (‘TSB’) determines many of their superannuation rights, entitlements and obligations. Accordingly, there is a strong incentive for individuals to carefully monitor their TSB over time, particularly towards the end of a financial year (‘FY’) when most TSB thresholds are tested.
Written by Joseph Cheung, Lawyer and William Fettes, Senior Associate, at DBA Lawyers
BGL Corporate Solutions, Australia’s leading supplier of SMSF administration and ASIC corporate compliance solutions is pleased to announce that Bentleys Chartered Accountants & Business Advisors Tasmania has chosen CAS 360 and Simple Fund 360 as their ASIC corporate compliance and SMSF administration.
SMSF software provider BGL has released new features on its software to allow multi-fund reporting for the TBAR along with a TBAR management dashboard for reviewing reporting requirements for clients. BGL chief executive Ron Lesh said BGL has built a transfer balance dashboard and a TBAR management dashboard to assist clients in managing the TBAR process.
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