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Ans: No, A Self-Managed Superannuation Fund (SMSF) cannot invest in fixed deposits under India’s Post Office Savings Schemes, such as the Post Office Time Deposit Account (also known as the

1. Regulatory Requirement for Market Valuation Under SIS Regulation 8.02B, SMSFs must value all assets, including unlisted shares, at market value as at the end of each financial year for

Yes, a Self-Managed Superannuation Fund (SMSF) can invest in gold jewellery. Permissibility: Gold jewellery qualifies as an “acquirable asset” under SISA Section 66, as it is not prohibited and can

What expenses can you claim without a receipt? Total work-related expenses $300 or less If your total work-related expenses are $300 or less, you do not need any receipt for

On average, 25% of salaried individuals in Australia will find their tax refund is less than their expectation. There are plenty of reasons for this. The most important reasons for

The rise of Airbnb and similar platforms has transformed property rental in Australia, creating new income opportunities for property owners. It is very important to understand the tax implications on

Are you looking to buy a car in your business? Buy electric car and claim FBT exemption. FBT is exempt if the business provides the private use of an electric