by Guy Wuoti | Jul 20, 2020 | SMSF Gold Coast, SMSF News
Following an audit and subsequent referral by the Australian Taxation Office (ATO), the Tax Practitioners Board (TPB) undertook an extensive investigation resulting in the registration of Gold-Coast based tax agent Edward Mark Purnell-Webb and his business...
by Guy Wuoti | Jun 8, 2020 | SMSF Gold Coast, SMSF News, SMSF Options, Tips and traps, Trustee
Yes I know, once again the end of the financial year (EOFY) has snuck up on us faster than it should and 2020 could easily be the year of all years to ask for a tax planning leave pass. Before we throw in the towel however, the team at SMSF Options have been busy...
by Guy Wuoti | Jun 5, 2020 | Tips and traps
Despite well formulated investment strategies and appropriate investment advice, no trustee could have foreseen the impacts of COVID-19 on financial markets globally. Whilst history suggests that a strong recovery is likely within a relatively short period after large...
by Guy Wuoti | Apr 24, 2020 | Borrowing, Property, SMSF Gold Coast, Tips and traps
The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a related party loan and is impacted due to the financial effects of COVID-19, you may be able to provide your LRBA with relief...
by Guy Wuoti | Apr 1, 2020 | Property, SMSF Options
The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a property and a tenant in financial distress, you may be able to provide your tenant with rental relief under an agreed...