Self Managed Super & Retirement
Can I Invest My Self Managed Super Fund In Property Development?
The ATO has property development for SMSFs on its radar for 2018! Mixed messages about property development involving an SMSF Previously, the ATO has been sending some mixed messages about property development involving an SMSF. So, is property development an allowable investment for an SMSF?The short answer yes, but be careful! The longer answer is: be […]
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The State Of The SMSF Market
SMSF stats just keep getting better Recently the ATO released the latest update on the state of the SMSF market. The report covered the quarter to March this year. Many people have been anticipating the latest Self Managed Super Fund statistics as it usually contains some good news. The quarterly SMSF update The statistical report […]
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SMSF Tax Deductions
What tax deductions can your SMSF claim? SMSF Sole Purpose Test The sole purpose test is a fundamental that SMSF trustees should keep in mind — that is, every decision made and action taken must be seen as being undertaken for the sole purpose of providing retirement benefits for the fund’s members. If an SMSF […]
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Does Your SMSF Meet The In-House Asset Rules?
Why you want to avoid in-house asset complications … Many SMSF trustees are unsure of what to do when their fund is found to have breached the in-house asset rules. There are also some common misconceptions about these regulations that keep resurfacing. Recent ATO statistics on the SMSF sector show the proportion of reported breaches […]
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What Is The Value Of Your SMSF Assets?
Are you staying in touch with your SMSF Assets? Over the years there have been a lot of changes to the rules around valuation of assets held under an SMSF. One of the most significant and controversial of these changes is the requirement to consider valuing SMSF assets at market value when preparing the annual […]
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SMSF Safe Harbour Guidelines
Another SMSF Guideline you need to be aware of Guidelines on the arm’s length terms commonly known as the “safe harbour” terms have been released by ATO. these guidelines apply when an SMSF acquires an asset under limited recourse borrowing arrangements (LRBAs). This has been a difficult area for SMSF trustees to contemplate and be […]
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