20 things you need to know about undertaking borrowing inside a SMSF to acquire property
Professionals / SMSF / SMSF Strategy / Trustee education

20 things you need to know about undertaking borrowing inside a SMSF to acquire property

  Borrowing inside a SMSF has been an attractive option for many people considering the acquisition of property, whether it be commercially (i.e. for their business) or for residential investment.  Whilst SMSF borrowing can be an attractive option to consider, it has a range of important features that people need to be aware of when … Continue reading »

Important changes about to be introduced for SMSF Instalment Warrants
Professionals / SMSF / SMSF Strategy

Important changes about to be introduced for SMSF Instalment Warrants

Yesterday saw an important step forward for the use of instalment warrant lending inside Self Managed Super Funds with the introduction of Superannuation Industry (Supervision) Amendment Bill 2010.  There have been more questions than answers since Taxpayer Alert TA2008/5 was issued by the ATO (along with an extensive Q&A document).  Then subsequent to that, the ATO … Continue reading »

Dealing at arms-length with your SMSF
SMSF / SMSF Compliance / Trustee education

Dealing at arms-length with your SMSF

The requirement to be dealing at ‘arms length’ with your SMSF is an important part of superannuation law to ensure prevention of transactions that may allow fund assets to be used as a source of concessionally taxed benefits to members in pre-retirement years, or to advantage non-members. Section 109 of the Superannuation Industry (Supervision) Act (SIS … Continue reading »

Cooper Review Panel "off the mark" with off market transfers
Professionals / SMSF / SMSF Strategy

Cooper Review Panel "off the mark" with off market transfers

With the release of the preliminary recommendations by the Cooper Review Panel on Phase Three, there has been a focus on tightening up the investment conditions and restrictions to improve the “pedigree” of the sector. It appears to be the view of the Panel that to achieve this goal, there is a need to prohibit … Continue reading »