self-managed superannuation fund

Overview of the sole purpose test on SMSF

Sole Purpose Test On SMSF [Overview]

SMSF must meet the ‘sole purpose test’ to avoid penalties When commencing any self-managed superannuation fund (SMSF), there is one over-riding expectation that newly trustees should come back to again and again — that their fund must meet the sole-purpose test. This is not only to maintain access to the various tax concessions available, but …

Sole Purpose Test On SMSF [Overview] Read More »

Scroll to Top
Call Now Button