POWERED BY MOMENTUM MEDIA
Heffron launches SMSF COVID-19 rent relief tool
Heffron has launched its COVID-19 Rent Relief tool at past of its Super Toolkit to help self-managed superannuation fund (SMSF) landlords who have provided rent relief to tenants comply with super laws.
The rent relief tool walked users through the compliance requirements of the Australian Taxation Office (ATO), which helped users to identify the drivers for rent relief and articulate the reasons why relief should be given in particular situations, and also highlighted rent relief risks.
The tool was part of Heffron’s second phase of its toolkit that was launched in response to requests from SMSF advisers, accountants, and trustees who sought guidance in meeting auditor and ATO requirements for their SMSF landlords.
Heffron managing director, Meg Heffron, said: “The launch of the Heffron Super Toolkit marks the future of our SMSF Document Services. We are fortunate to be agile and able to bring our expertise and practical experience to the market quickly at an affordable price. Co-creating our tools with our clients will continue to drive product development”.
Recommended for you
With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board.
The fund has announced new additions to its trustee board.
Brighter Super has confirmed an executive search is underway to succeed its long-serving chief financial officer Garnett Hollier.
The research house has hired an experienced product specialist for its Australasian team.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
36.43 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
35.08 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.72 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
27.64 3 y p.a(%)
