NALI – Non-arms’s length income

Investments in related unit trusts are a popular investment vehicle for many SMSFs. Often the focus of these investments is ensuring that the unit trust investment complies with a host of legislative requirements in the SIS Act such as: the in-house asset rules, sole purpose test and ensuring all investments are [...]

2017-10-31T06:06:31+11:00 August 11th, 2016|Categories: Audit News|Tags: , , , , , , , |Comments Off on NALI – Non-arms’s length income

We need your support – SMSF Service Provider Awards 2016

We’ve done it again! Evolv is thrilled to announce that, for the second time in a row, we have been nominated for the 2016 CoreData SMSF Service Provider Awards in the category of SMSF Auditor. Recognising the best service providers in the self-managed superannuation fund industry, the Evolv team are thrilled [...]

2017-10-31T06:00:42+11:00 June 17th, 2016|Categories: Audit News|Tags: , , , , |Comments Off on We need your support – SMSF Service Provider Awards 2016

Be careful acquiring more units in Pre-99 trusts

There is a common misconception that where acquiring units in a related, “pre 1999 trust”, the rules contained in SIS Regulation 13.22C are applied to the new units at the time of acquisition. SIS Regulation 13.22C sets out strict criteria to be met in order for a related party investment to [...]

2017-10-31T06:13:22+11:00 May 25th, 2016|Categories: Audit News|Tags: , , |Comments Off on Be careful acquiring more units in Pre-99 trusts