Long-awaited decisions on SMSF borrowing issued
ATO ID 2014/39 and ATO ID 2014/40 both confirm that nil-interest borrowings from related parties can cause non-arm’s length income.
Up-to-date, specialised strategy is core component of an SMSF professional’s arsenal. SMSF Adviser analyses and interprets regulatory and legislative changes to ensure the SMSF sector is kept informed on the tips, tools and best practice for serving SMSF trustees.
ATO ID 2014/39 and ATO ID 2014/40 both confirm that nil-interest borrowings from related parties can cause non-arm’s length income.
Accurium’s chief executive Tracy Williams talks to Katarina Taurian about why the company rebranded from Bendzulla Actuarial and what this ...
An in-depth look at the Financial System Inquiry's (FSI's) recommendations on borrowing in super, and what that could potentially mean for ...
As the SMSF sector continues to grow in size and significance, the ATO is keen to ensure it remains compliant and well-functioning
The IPA's Vicki Stylianou speaks to Katarina Taurian about the necessity of referral relationships for accountants when the accountants’ ...
Financial advisers and accountants who provide certificates for LRBAs could be breaching the National Consumer Credit Protection Act ...
There are various misconceptions about how the rules around SMSF residency operate, which could be to the detriment of a client or potential ...
Miranda Brownlee speaks to Claire Wivell Plater, owner of legal firm The Fold, about the current and potential compliance issues ...
A recent ATO determination offers some insights regarding the ATO’s views on commuting transition to retirement income streams, and ...
What do the changes to the rules on what types of insurance super funds can hold ultimately mean for strategies such as cross-insurance?