Practice Update November – 2019
Practice Update November 2019 covers following points:
- Super Guarantee Opt-Out for High Income Earners Now Law
- ATO Recommends Updating ABN Details for Natural Disaster Reasons
- Reporting Asset Disposals for CGT
- Government Passes Other Superannuation Legislations
- Super Lookup ‘Status’ will Change if SMSF Annual Returns are Late
- Taxpayer Liable for excess Transfer balance tax Despite Commutations