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The bit that surprised me relates to the Notice and not understanding it. Instructions are clear. I'm happy to explain this to clients. Its a benefit of engaging a tax professional. Items 10-14 on the notice ask the member to nominate the name of the fund, Acct Number and the amount to be...

I quite concerned for people who have a SMSF then beg for free guidance on strategy. Div 293 has zero to do with a SMSF, Its something that applies to ALL taxpayers. All funds. All taxpayers potentially. The Div 293 notice explains the options in plain english. It includes a notice that...