by Cindy Su | Aug 16, 2024 | All, News and Updates, Supers
What is NALI? Non-Arm’s Length Income (NALI) refers to income earned by an SMSF that is derived from non-arm’s length transactions. In simple terms, if an SMSF earns income from a transaction that is not conducted on commercial terms—as if the parties involved were...
by Cindy Su | Aug 8, 2024 | All, Supers
When collating information to submit to your accountant for lodging your 2024 SMSF annual return, there are a few common mistakes to avoid that can save you time, effort, and potential penalties. 1. Correct Information Double-check all personal and financial details...