The Institute of Public Accountants (IPA) has used its pre-Budget submission to defend SMSF borrowing, calling on the government to ...
A majority of SMSF practitioners predict the government will reject the Financial System Inquiry’s (FSI) recommendation to ban limited recourse ...
The government will not risk “political capital” by banning LRBAs outright, according to the managing director of a boutique advice ...
There has been a “noticeable” increase in the breaches arising from SMSF borrowings, according to new research from one advisory ...
Treasury has just released draft legislation that will provide some clarity to limited recourse borrowing arrangements (LRBAs), with one industry ...
A new industry poll has revealed a majority of accountants disagree with the FSI’s recommendation to ban direct borrowing in ...
Two major finance broking associations are lobbying the government for opposite outcomes to the Financial System Inquiry’s final report, with ...
The data on LRBAs indicates the Financial System Inquiry’s recommendation to ban borrowing in super is attempting to remedy a ...
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.