Related party LRBAs – choosing the interest rate
My client’s SMSF purchased a property via an LRBA in March 2023 by borrowing from a related party. When they...
My client’s SMSF purchased a property via an LRBA in March 2023 by borrowing from a related party. When they...
Some clients may choose to withdraw money from super in the next few years to minimise their exposure to the...
Where an SMSF member or related party pays the annual ASIC fee for a corporate trustee, this may give rise...
There has been uncertainty as to how the following two provisions interact: the non-arm’s length income (NALI) provisions in s...
What is being forgotten is that the goal behind the change was to target SMSFs that enter borrowing arrangements with...
The SMSF industry breathed a small sigh of relief after the release of the latest general expense NALI rules. While...
With the penalty unit increasing from $313 to $330 in proposed legislation, SMSFs need to be extremely careful as this...
The start of July ushered in a raft of changes that impact agents and small businesses.
There are significant advantages that can result from making a voluntary disclosure including the potential to rectify and minimise penalties...
The ATO has updated its website to reset the expectations of taxpayers who have restructured a MLP and are waiting...