May 2021 Newsletter

Rede Accountants May 2021 Newsletter

The guide covers the measures for:

• THE NEW LIFETIME DIRECTOR IDS
  • Why a director ID?
  • Who will need a director ID?
  • The problem of directors in name only
  • Better monitoring and bigger teeth for ASIC
• THE TOP 8 REASONS WHY STAFF LEAVE
• TAX EXEMPTION FOR ‘GRANNY FLAT’ ARRANGEMENTS
  • 2021-22 Federal Budget
• YOUR SMSF: WHEN EXPENSES AND INVESTMENTS ARE NOT AT ARM’S-LENGTH
  • Can I charge my SMSF for work that I do?
  • Can I charge for the work I do to administer my fund?
  • Can my SMSF purchase a rental property that I own?
  • Can I lend money to my SMSF?
  • Can my SMSF lend me money?
• QUOTE OF THE MONTH

View our newsletter Newsletter PDF.

Take Care
Col, Ken & The Team at Rede