Remote Chapter, Thur, 26 Mar 2020 at 8:00 pm AEDT
March 2020 Meeting of the ATAA Remote Chapter
Remote Chapter Objectives:
To provide regional and overseas members with the valuable resource and the networking of a chapter meeting.
Webinar (internet-based) Meetings:
The Remote Chapter will operate similarly to other chapters although it is envisaged that most meetings will be online with the possibility of having an occasional face-face meeting if attendance warrants it.
Although first preference will be given to regional members, if numbers permit, any financial ATAA member will be welcome to attend.
This meeting will be recorded and made available for members to access and review later.
How to join this meeting:
TOPIC: Getting your Investment Strategy right
SMSF Investment Strategies are so hot right now and for all the wrong reasons. When the Commissioner of Taxation targeted SMSF LRBA investment strategies in September 2019 Grant Abbott told the Class conference that this was only the start and expect it to blow out and get bigger. With the 17 February investment strategy ATO release we now find ALL SMSF investment strategies in the crosshairs – a nightmare in the making for audits of the 2019 income year. There is now the threat of an administration penalty of $4,200 per trustee. And what happens to those SMSFs that have already been lodged which don’t measure up to the new requirements? Well they will need to be rectified or the old fingers crossed and hope the Commissioner does not random sample an auditor’s funds? Anyway, which way, the landscape has changed and we all need to move with the tide and comply. There can be no laggards.
In this presentation we will take a deep dive into the Commissioner’s latest release, what it means and what you need to do to comply.
Biography: Grant Abbott
Grant has achieved the following:
- Chairman of the Australian SMSF Members Association for the past 9 years
- CEO of I Love SMSF, a company dedicated to all things SMSF
- Director Light Year Group
- Author The Guru’s Guide to SMSFs
- Mentor to the profession including auditors, accountants, lawyers and trustees.
Next Meeting Date: 30 April 2020
Next Meeting Venue: Online
Further Information: Warren Murnane: +614 1233 3973 (Chapter President)
- Thu, 26 Mar 2020 08:00 PM
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