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    <loc>https://www.acumenaccounting.com.au/news</loc>
    <changefreq>daily</changefreq>
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    <lastmod>2026-03-02</lastmod>
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  <url>
    <loc>https://www.acumenaccounting.com.au/news/is-you-rental-property-going-to-cost-you-more-now</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-03-02</lastmod>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/6829e18d-8fcc-466c-8127-e39eec3dc513/tierra-mallorca-rgJ1J8SDEAY-unsplash.jpg</image:loc>
      <image:title>News - Is your holiday home / rental property going to cost you more now! - ATO has proposed changes to your holiday home / rental property.</image:title>
      <image:caption>If you reserve your holiday home / rental property for your family during Easter, Christmas, or the school holidays (peak rental periods) or you rent it out intermittently; you could face some changes to your rental property deductions.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/why-keep-the-50-capital-gains-tax-discount</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-03-02</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/7d66fe85-6cbe-47ef-8edf-f97856802ed5/CGT.png</image:loc>
      <image:title>News - Why Keep the 50% Capital Gains Tax Discount? - The CGT discount is not lost revenue, don’t listen to duplicitous politicians</image:title>
      <image:caption>There’s been plentiful talk lately about reducing Australia’s 50% capital gains tax (CGT) discount, with some arguing it mostly assists the wealthy. However, it’s important to consider the other side: hundreds of thousands of everyday Australians benefit from this discount – not just billionaires. Historically, Australia didn’t tax capital gains at all until 1985. So before jumping to cut the CGT discount, let’s look at why it exists and who it helps.</image:caption>
    </image:image>
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  <url>
    <loc>https://www.acumenaccounting.com.au/news/important-information-for-smsf-trustees-understanding-nali-and-nale</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-02-27</lastmod>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/b14df25d-372f-49de-a60f-0a10507d862f/NALI+NALE.png</image:loc>
      <image:title>News - Important information for SMSF Trustees: Understanding NALI and NALE - Non-Arm’s Length Income (NALI) and Non-Arm’s Length Expenses (NALE)</image:title>
      <image:caption>NALI and NALE are critical concepts for Self-Managed Superannuation Funds (SMSFs). They exist to ensure all transactions are conducted on commercial, arm’s-length terms, as required by the Superannuation Industry (Supervision) Act 1993 (SIS Act). Breaching these rules can lead to severe tax penalties and compliance risks.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/3million-super-tax-overhauled-labor-changes-div-296</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2025-10-14</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/5918c233-c1d2-49fd-b807-c9321533566a/div_296_changes1.png</image:loc>
      <image:title>News - $3 Million Super Tax Overhauled: Labor changes Div 296 - $3 million super tax changes</image:title>
      <image:caption>October 2025 – The Australian Government has announced significant changes to its proposed Division 296 superannuation tax, often called the “$3 million super tax.” These revisions aim to address widespread criticism and make the policy fairer and more practical. Below we break down what’s changing, when the new rules start, and how they impact individuals and super funds in an accessible way.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/pay-day-super-whats-the-big-hoorah</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2025-11-04</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/b60be79c-c200-47e7-a39b-215c149a4b1b/employee_super.png</image:loc>
      <image:title>News - Pay Day Super what’s the big hoorah! - Overview of Pay Day Super</image:title>
      <image:caption>Pay day super is a significant change in Australia’s superannuation system, requiring employers to pay super contributions to employees’ superannuation funds on or before each pay day, instead of the current quarterly deadlines. This update is designed to catch out those employers not meeting their obligations, but will have significant ramification for those employers who have been doing the right thing.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/company-solvency-resolutions</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2025-08-19</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/24619fed-b512-4bad-8f88-e68ac4a1d699/company_solvency_resolution.jpg</image:loc>
      <image:title>News - Company Solvency Resolutions - Why Every Australian Company Must Sign an Annual Solvency Resolution</image:title>
      <image:caption>Running a company in Australia comes with a host of legal and financial responsibilities. Among the most critical and often overlooked is the requirement for directors to pass an annual solvency resolution. This isn’t just a box-ticking exercise. It’s a legal obligation under the Corporations Act 2001 (Cth) and a vital tool for ensuring financial accountability and business sustainability.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/understanding-the-main-residence-exemption</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2025-08-19</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/ce0f9e85-c6d3-4020-9228-d847c8334834/family+_main_residence.jpg</image:loc>
      <image:title>News - Understanding the Main Residence Exemption - What Happens When You Move Out?</image:title>
      <image:caption>The main residence exemption is one of the most valuable CGT concessions available to Australian homeowners. It allows you to disregard capital gains made on the sale of your home, provided it was your principal place of residence (PPR). But what happens when you move out and rent it out or leave it vacant?</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/your-hecs-debt-is-set-to-fall</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2025-08-20</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/450956f7-4b47-4279-b01d-c0383b04db17/reduced+HECS.jpeg</image:loc>
      <image:title>News - Your HECS debt is set to fall - A Fairer Future for Students: Government Cuts HECS Debt by 20% and Raises Repayment Thresholds</image:title>
      <image:caption>In a move that’s set to ease the financial pressure on millions of Australians, the Federal Government has passed the Universities Accord (Cutting Student Debt by 20 Per Cent) Bill 2025—a landmark reform that delivers a 20% reduction in student loan debt and raises the income thresholds for repayments.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/span-classsqsrte-text-color-darkaccentthe-government-increase-the-burden-on-small-businessspan</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2025-04-07</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/383a016c-fe46-4095-b5d6-70611876b288/HeavyTax+Debts.jpeg</image:loc>
      <image:title>News - The Government increases the burden on small business</image:title>
      <image:caption>The Government has removed the tax deduction for ATO General Interest Charges, from 1 July 2025. The Australian Taxation Office (ATO) has recently announced a significant change that will significantly impact small businesses from July 1, 2025. From this date, General Interest Charges (GIC) will no longer be tax deductible. This change has potential to significantly impact small business given how difficult it can be for small business to access finance. This also makes one wonder if the Government really wants to support small business, particularly given the current economic conditions and the substantial increase in small business insolvencies.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/2025-fringe-benefits-tax-year</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2025-03-31</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/372c68fa-7078-4d17-a4c3-fad472305121/FBT_car_benefit.jpeg</image:loc>
      <image:title>News - 2025 Fringe Benefits Tax year</image:title>
      <image:caption>Fringe Benefits Tax (FBT) is an essential concept every business owner should understand. It pertains to the benefits employers provide to their employees that are not part of the employee’s salary or wages. The Australian Taxation Office (ATO) has specific guidelines and regulations concerning FBT, making it crucial for businesses to navigate this area carefully to ensure compliance and avoid any potential penalties.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/is-your-contractor-an-employee</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2024-08-26</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/9f782956-4b1d-407f-ab7b-ca6acfb01f61/dd7921e1-731a-4a88-816f-ce7ce13134b2.jpg</image:loc>
      <image:title>News - Is your contractor an Employee! - From today there are changes to the way you determine if a contractor is an employee.</image:title>
      <image:caption>The new test: Whole of Relationship Test: Constitutionally covered businesses use the whole of relationship test to determine if a worker is a contractor or an employee starting from 26 August 2024. This test considers the real substance, practical reality, and true nature of the relationship between the worker and the business.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/the-problem-when-the-evidence-doesnt-match-what-the-taxpayer-tells-the-atonbsp</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-02-27</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/c41a5ee7-ab9e-49a0-a672-cb56bf285f55/volodymyr-hryshchenko-ZT9gjcJog6U-unsplash.jpg</image:loc>
      <image:title>News - The Problem When The Evidence Doesn’t Match What The Taxpayer Tells The ATO&amp;nbsp; - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/contractor-or-employee</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2024-08-26</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/5e460326-c95f-45a8-8c9d-6ba363afb202/leon-seibert-9i5eqBarv-k-unsplash+%281%29.jpg</image:loc>
      <image:title>News - Contractor or Employee? - Just because an agreement states that a worker is an independent contractor, this does not mean that they are a contractor for tax and superannuation purposes, new guidance from the ATO warns.</image:title>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/can-my-smsf-invest-in-property-development</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-02-27</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/6829e18d-8fcc-466c-8127-e39eec3dc513/tierra-mallorca-rgJ1J8SDEAY-unsplash.jpg</image:loc>
      <image:title>News - Can My SMSF Invest in Property Development? - Australians love property and the lure of a 15% preferential tax rate on income during the accumulation phase, and potentially no tax during retirement, is a strong incentive for many SMSF trustees to dream of large returns from property development. We look at the pros, cons, and problems that often occur.</image:title>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/stage-3-personal-income-tax-cuts-redesigned</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2026-02-27</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/039eca7b-fb3d-4b0e-8c0f-fe3cf0d4cd4e/kelly-sikkema-xoU52jUVUXA-unsplash.jpg</image:loc>
      <image:title>News - Stage 3 Personal Income Tax Cuts Redesigned - The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the Federal Government.</image:title>
      <image:caption>After much speculation, the Prime Minister has announced that the Government will amend the legislated Stage 3 tax cuts scheduled to commence on 1 July 2024. Relative to the current Stage 3 plan, the proposed redesign will broaden the benefits of the tax cut by focusing on individuals with taxable income below $150,000. If enacted, an additional 2.9 million Australian taxpayers are estimated to take home more in their pay packet from 1 July. It's not how Stage 3 of the 5 year plan to restructure the personal income tax system was supposed to work, but a sharp escalation in the cost of living has reshaped community sentiment. As the Prime Minister said, “we are focused on the here and now” and by default, not on long term structural change. The redesign will increase Government revenues from personal income tax by an estimated $28 billion to 2034-35 as bracket creep takes its toll.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/163a8332-fcba-42dc-ac9b-a183390bf129/1_Page1_Image1.jpg</image:loc>
      <image:title>News - Stage 3 Personal Income Tax Cuts Redesigned - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/why-is-my-tax-refund-so-small</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-08-10</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/1691641501440-5TU779XUYBQMY1IQPWB9/blog+20230810+tax-1.png</image:loc>
      <image:title>News - Why is my tax refund so small? - The tax refund many Australians expect has dramatically reduced. We show you why.</image:title>
      <image:caption>There is a psychology to tax refunds that successive Governments have been reticent to tamper with. As a nation, Australia relies heavily on personal and corporate income tax, with personal income tax including taxes on capital gains representing 40% of revenue compared to the OECD average of 24%. And, for the amount we pay, we expect a reward. image by By photoschmidt source Adobe Stock</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/important-1-july-2023-wage-increases</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-07-26</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/71ff759a-f528-4435-86ab-880e68281a62/money-melissa-walker-horn-uXHIdfSKPiw-unsplash.jpg</image:loc>
      <image:title>News - Important: 1 July 2023 wage increases - For employers, incorrectly calculating wages is not portrayed as a mistake, it’s “wage theft.”</image:title>
      <image:caption>Beyond the reputational issues of getting it wrong, the Fair Work Commission backs it up with fines of $9,390 per breach for a corporation. In 2021-22 alone, the Fair Work Ombudsman recovered $532 million in unpaid wages recovered for over 384,000 workers. Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/what-changed-on-1-july-2023</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-07-26</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/ba6c33b1-9349-4238-af17-c24a46aa8539/husna-miskandar-FC4z3l4sUYc-unsplash.jpg</image:loc>
      <image:title>News - What changed on 1 July 2023 - Employers &amp; business</image:title>
      <image:caption>Superannuation guarantee increases to 11% from 10.5% National and Award minimum wage increases take effect. The minimum salary that must be paid to a sponsored employee - the Temporary Skilled Migration Income Threshold - increased to $70,000 from $53,900. Work restrictions for student visa holders reintroduced to 48 hours per fortnight. The cap on claims via the small claims court procedures for workers to recover unpaid work entitlements increases from $20,000 to $100,000. Energy Bill Relief Fund for small business kicks in – it will apply to your energy bills if you meet the criteria. Sharing economy reporting to the ATO commences for electronic distribution platforms.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/the-120-technology-and-skills-boost-deduction</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-07-26</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/1690333648279-W3ABE1VJGTJ6BL4S7TNB/anatomy-high-tech.jpg</image:loc>
      <image:title>News - The 120% technology and skills ‘boost’ deduction - The 120% skills and training, and technology costs deduction for small and medium business have passed Parliament. We’ll show you how to maximise your deductions.</image:title>
      <image:caption>Almost a year after the 2022-23 Federal Budget announcement, the 120% tax deduction for expenditure by small and medium businesses (SME) on technology, or skills and training for their staff, is finally law. But there are a few complexities in the timing - to utilise the technology investment boost, you had to of purchased the technology and when it comes to acquiring eligible assets, installed it ready for use by 30 June 2023; that’s just seven days from the date the legislation passed Parliament. Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/how-do-i-open-a-protected-message</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-06-22</lastmod>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/a-broken-promise-for-broken-super</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-03-03</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/1677730832118-8I98NUEPPQX5VQCQYS3H/unsplash-image-eXV-LsWfCOo.jpg</image:loc>
      <image:title>News - A Broken Promise for Broken Super - OK, lets start by getting one thing clear. Saying things like “We’ve said we have no intention of making any super changes” during an election campaign, and then making changes less than 12 months later, is clearly a broken election promise. It doesn’t matter whether the changes will directly impact less than 1% of people or not. Rather than arguing about whether or not this does constitute a broken promise, the government should own it, but also defend it based on the budgetary need. Instead, we’ve now got another storm in a teacup because Treasurer Jim Chalmers couldn’t “rule out” future changes to Capital Gains Tax exemptions on the family home during a diabolical interview with Kochie on Sunrise!</image:title>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/ato-announces-changes-to-working-from-home-deductions</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-02-17</lastmod>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/paid-family-and-domestic-violence-leave-new-rules</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-02-16</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/1676508457484-5GNSCLUIHG3SCNJA1R7U/unsplash-image-KQCXf_zvdaU.jpg</image:loc>
      <image:title>News - Paid - Family and Domestic Violence Leave, New Rules - Employees of non-small business employers can now access 10 days of paid family and domestic violence leave in a 12-month period. Employees of small businesses can access the leave from 1 August 2023. Employees have had an entitlement to unpaid family and domestic violence leave (FDVL) for some time as part of the National Employment Standards (NES). But as of 1st February this is a paid leave entitlement for employees of larger employers and 1 August 2023 for employees of small employers (fewer than 15 employees).</image:title>
      <image:caption>The new law allows ten days of paid leave every 12 months, but the leave does not roll over and accumulate. The full pay rate will apply as if the employee had worked as usual on the day of the leave. The new FDVL means employees can take time off to deal with the impacts of domestic violence or abuse if they need to take care of things during working hours. This includes attending court, accessing police or support services, or making arrangements for the safety of oneself or close relatives.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/january-payg-withholding-statement-ias-is-due-on-the-21st</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-02-16</lastmod>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/am-i-taxed-on-an-insurance-payout</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-02-14</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/1676352479709-FPY46DZ5RCY9S6SRBDP1/unsplash-image-Q2S0bd8cmjI.jpg</image:loc>
      <image:title>News - Am I taxed on an insurance payout? - Australia has had its fair share of disasters over the last few years – drought, bushfires and floods – that have ramped up the volume of insurance claims. Most people would assume that if and when they need to claim on their insurance, the insurance payout covers the damage and is not income assessed for tax purposes - but this is not always the case.</image:title>
      <image:caption>Insurance payouts for damaged or destroyed personal items are generally not taxed. For example, any insurance payout you receive for your family home won’t necessarily be taxed. But, the rules are different if you have used your home to produce an income, for example, you have used part of your home as a home business or you have rented out part of your home.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.acumenaccounting.com.au/news/acquiring-collectibles-inside-your-smsf</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
    <lastmod>2023-02-14</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/63e0367e3641f477c49ba686/1676348471853-UIVJO27LRNZK1EL3JBFU/unsplash-image-4HjFHFFypik.jpg</image:loc>
      <image:title>News - Acquiring collectables inside your SMSF</image:title>
      <image:caption>Clients with self-managed superannuation funds (SMSF) often ask what assets the SMSF can acquire.  ‘Why’? The golden rule for acquiring assets inside your SMSF is why? To be compliant, your fund must be maintained for the sole purpose of providing retirement benefits to members, or to their dependants if a member dies before retirement. The sole purpose test (section 62 of the Superannuation Industry (Supervision) Act 1993), is your starting point. If the collectible you are looking to acquire does not fulfil this purpose, then you have an immediate problem.</image:caption>
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      <image:title>News - Do you have your Directors ID yet! - Apply for your Director ID now before time runs out.</image:title>
      <image:caption>Date you first become a director   Date you must apply- On or before 31 October 2021- By 30 November 2022- Between 1 November 2021 and 4 April 2022- Within 28 days of appointment- From 5 April 2022- Before appointment</image:caption>
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      <image:title>News - How to sell your business - We’re often asked the best way to sell a business. There are two key components at play in the sale of a business: structuring the transaction; and positioning the business to the market. Both elements are important and can significantly impact your result.</image:title>
      <image:caption>Structuring the transaction covers areas such as pricing the business, the terms and conditions attaching to the sale, key terms in the contract, and ensuring the transaction structure is as tax effective as possible. Much of the structuring is about ensuring the vendors secure the most efficient and effective outcome from the sale. It is about maximising the vendor’s position.</image:caption>
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      <image:title>News - ATO Debt Recovery and Director Penalty Notices - The ATO has increased its activity around recovering unpaid business debts. During the pandemic, it paused debt recovery, but has now resumed its pursuit of debts.</image:title>
      <image:caption>Since April 2022, the ATO has sent tens of thousands of letters to directors notifying them about impending action. Director penalty notices (DPNs) have been issued to directors who have not replied to the ATO letters and have not otherwise engaged with the ATO about their debts.  DPN law means that if a company did not pay ATO obligations on time, company directors could become personally liable for the amount owing, in addition to penalties.</image:caption>
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      <image:title>News - FBT 2022 - Tips and what to look out for - Fringe Benefits Tax (FBT) is one of the focus areas for the Australian Taxation Office. It is important for business owners to understand when FBT may apply, and what benefits they can provide employees that do not attract FBT. For most small and medium employers, it is best to avoid non-exempt benefits as record keeping when it comes to FBT can be quite onerous.</image:title>
      <image:caption>The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees.</image:caption>
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      <image:title>News - 2022–23 Federal Budget - The Federal Treasurer, Mr Josh Frydenberg, handed down the 2022–23 Federal Budget at 7:30 pm (AEDT) on 29 March 2022.   In an economy emerging from the pandemic, the Treasurer has confirmed an unemployment rate of 4% and an expected budget deficit of $78 billion for 2022–23.</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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