Professionals / SMSF / SMSF Strategy

What interest rate can you charge your fund for a SMSF limited recourse loan?

It has come somewhat of a surprise to the industry regarding the Australian Taxation Office’s (ATO) view outlined in ATO ID 2010/162, which covers “limited recourse borrowing arrangements – borrowing from a related party on terms favourable to the SMSF”. It has been a long-held view since the introduction of these arrangements on 24 September … Continue reading »