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Market News

Stay informed with reguarly updated news from Ascend Financial Solutions.
State and Federal COVID-19 support

State and Federal COVID-19 support

The following links are to the latest state and federal government plans, schemes, programs, and initiatives to help businesses and individuals manage the impact of yet more COVID-19 restrictions. 

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ATO extends COVID-19 relief for SMSFs

ATO extends COVID-19 relief for SMSFs

e ATO has made an extension to several COVID-19 compliance relief for SMSFs to cover the 2021-22 financial year.

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Three ways to keep market uncertainty in perspective

Three ways to keep market uncertainty in perspective

one can say for certain what the markets will do. What we do know however is that investors fare best when they focus on the factors they can control.

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SMSFs, employee share schemes & NALI

SMSFs, employee share schemes & NALI

quiring shares under an employee share scheme (ESS) via your self managed superannuation fund (SMSF) may appear attractive but greater uncertainty has arisen following the ATO’s recent ruling, LCR 2021/2, on the application of the non-arm’s length income (NALI) rules to such a transaction.

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