A trap exists in the difference between a new Act and the previous exposure draft version of the Act’s Bill that had been circulated. The trap relates to certain CGT relief. On its face, many people will choose to use the CGT relief. However, for some it could be a step backwards. Accordingly, it is [read more]
Establish a new SMSF
Order online now. Includes the necessary documents to establish your self managed super fund.
Daniel Butler and I are senior fellows at Melbourne Law School and lecture a subject titled LAWS70267 Taxation of Superannuation. It’s a five day intensive subject. It will next run in February 2017. We’ve been putting the finishing touches on it to ensure the subject is fully up to date for all changes including the [read more]
Co-author Gary Chau, Lawyer, DBA Lawyers This article examines whether an SMSF can acquire shares offered under an employee share scheme (‘ESS’). What is an ESS? Broadly, an ESS (also known as an employee share plan or employee share ownership plan) typically gives employees the opportunity to purchase shares in their employer. Usually, employees are [read more]