Nortons Newsletter – May 2021

Posted On May 4, 2021

The latest edition of our monthly newsletter covering a range of topics including details on regulatory changes that may impact you.

In this edition we cover the fact that it’s getting very close to the business end of the financial year, so we have gathered some tax planning tips that could set you up for a better tax outcome. And as that outcome can be ruined by having to deal with an excess super contribution charge, we look at how best to avoid it.

The ATO has tightened the evidence requirements for real property valuations for SMSFs, so we look at how to keep your fund compliant, and also bring some good news with the recently launched SME Recovery Loan Scheme, plus an expansion of the ATO’s independent review service.

Click here to Download the full version of the Newsletter.

Please contact us for clarification, or further advice, regarding any of the topics covered in this newsletter.