Issues with diverting PSI income to an SMSF
Investments / non-arm's length income / Professionals / SMSF

Issues with diverting PSI income to an SMSF

The ATO has recently issued Taxpayer Alert, TA 2016/6 that highlights their concerns with individuals looking to divert personal services income (PSI) to a self-managed super fund. ┬áThe taxpayer alert describes the following type of arrangement below where individuals, who are also members of a SMSF purport to divert income from their personal services to … Continue reading »