The ATO has released a new tax payer alert congruent to the application of Division 7A.
Taxpayer alert 2010/6 outlines an arrangement where a private company invests funds in an unrelated trust. The trust then lends these funds to a shareholder, or an associate of a shareholder, of the private company.
The ATO has recognised this arrangement [...]

Many people have numerous superannuation funds and it is important that they are kept up to date and in check.
When you receive your annual statement check that all items make sense and your details are correct and recent.
Here are some key areas that need to be checked:

Your balance at the [...]