Dear clients and friends
Welcome to the June issue of Morrows Insight. In this edition we’d like to highlight two seminars coming up in July that we hope will be of interest to you and some important changes as the ATO extends the deadline for LRBAs to meet “Safe Harbour” guidelines.
Morrows Seminar: Is your Retirement Under Threat due to Government Changes?
Do you understand how the proposed changes to superannuation announced in the May Federal Budget will impact your retirement? – click here
Morrows Seminar: Understanding the Aged Care Maze
Are you facing tough decisions about placing a loved one in care? Do you understand the options available to you? – click here
Morrows is working with our clients to meet the “Safe Harbour” guidelines as the ATO extends the deadline to make LRBAs consistent with arm’s length dealing
SMSF trustees now have until 31 January 2017 to ensure all LRBAs involving related party loans are within the “Safe Harbours” provided by the ATO.
Morrows has the SMSF and legal expertise to assist those clients affected by these new guidelines and are currently implementing strategies to ensure compliance before the new deadline – click here
Aged Care Accommodation Payment Negotiations – A Case Study
When it comes to the Aged Care maze, we find that payment for accommodation tends to cause our clients and their families the most angst.
For most this is mainly derived from trying to understand how the system operates, its complexities and what options for payment they have available to them. For example – did you know you can negotiate a lower price than what is published by a facility? Our case study explains more – click here
Are you thinking about your family business brand?
Many of our clients are family run businesses and with that comes specific challenges that are unique to them. Often the brand building process is put to the side on the assumption that just being a family business is enough – but having a clear brand and point of differentiation is crucial, it can bring focus, cohesion and drive to a family firm.
Lowen Partridge is a brand strategist who specialises in family business and has a deep understanding of how to bring together the family and the business brand issues. Read her latest article here – click here
2016 ASIC Fee Increases
For those of our clients with companies, please be advised that from 1 July 2016 ASIC have increased their annual review fees, late fees and business name application fees as outlined in the following table – click here
Morrows Client Car Park Changes
We would like to advise we have changed our car parking provider – click here
Morrows Supports the Cancer Council at Australia’s Biggest Morning Tea
The Morrows Charity Committee is proud to be leading Morrows’ support for this well-loved event and this year we had a fantastic turn out at our staff morning tea – click here