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Family trust election

18th Nov 2009

The Australian Taxation Office has indicated that it intends to closely monitor self managed superannuation funds. It has issued a warning to trustees of SMSF against intentionally trying to beat the in house assets rule.  Revocations must be made in the taxpayer’s tax return for the income year from which it will be effective.

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Read more: accounting, tax changes

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What can we say, we met Joe Walsh through a mutual group and we’ve always been impressed with his persona and his attention to detail in the meetings we have shared with him. Since meeting Joe, our previous accountant had sold their business and left us in a rather undesirable position,...

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