Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

Inside the Federal Budget 2018-19: Delivering a stronger economy

Inside the Federal Budget 2018-19: Delivering a stronger economy

Treasurer Scott Morrison has delivered the Federal Budget for 2018-19 and the Thomson Reuters Tax News Team has all the tax measures covered in our comprehensive Federal Budget Report. Here is a wrap-up of the highlights from Budget Night. … Read More

Winding-up SMSFs and LRBA trusts

Winding-up SMSFs and LRBA trusts

Professional liquidators face additional challenges when winding up a corporate trustee of a self-managed superannuation fund (SMSF). While a liquidator has the power to administer a trust and is entitled to be indemnified out of the trust assets, an SMSF trustee company (in liquidation) becomes a “disqualified person” upon the commencement of its winding up. […] … Read More