Through ATO ID 2015/27 and ATO ID 2015/28 the ATO seem to have cemented their position in relation to the application of s 295-550 of the Income Tax Assessment Act... read more →
Two ATO Interpretive Decisions (ie, ATO ID 2014/39 and ATO ID 2014/40 both published on 12 December 2014) address the question: Will ordinary or statutory income derived by an SMSF... read more →
Self-managed superannuation funds (SMSFs) open up a whole new world of investment opportunities for your retirement savings, including direct property. But what if you simply don't have enough money in... read more →
SMSF members wanting to expand their investment portfolio are able to borrow money through their SMSF to purchase these assets. Assets available to an SMSF include property, as well as... read more →
The popularity of Self Managed Super Funds (SMSFs) has increased substantially over the past few years. In fact, SMSFs now account for about one third of total superannuation savings. One... read more →
Related party lending and SMSFs — have the ATO really given a ‘carte blanche’? Introduction Comments by the ATO in the June NTLG Superannuation Technical Sub-group suggest that below market... read more →
Yesterday Treasury released draft regulations that, when finalised will have significant implications for accountants and financial planners whose clients engage in SMSF borrowing. Here follows a brief summary provided by... read more →