SMSFs with related party borrowings under ATO scrutiny

By Charis Liew on 01/09/12 - Mins to read: 5 minutes

The Federal Government has watered down many of the most controversial reforms in its latest round of changes to superannuation policy. On the 15th of September, Treasurer Scott Morrison, announced a number of further changes to the superannuation system, modifying aspects of what had previously been announced as part of...
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SMSF related party borrowings under ATO scrutiny

By Charis Liew on 01/09/12 - Mins to read: 5 minutes

An LRBA allows the trustee of an SMSF to borrow funds to purchase a ‘single acquirable asset’, usually real property or a parcel of direct shares.  Purchasing assets through an SMSF is often used as part of a tax effective wealth accumulation strategy for the following reasons: SMSFs are generally...
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Federal Budget 2016-17 | Superannuation changes…again

By Charis Liew on 01/09/12 - Mins to read: 5 minutes

The Federal Government has watered down many of the most controversial reforms in its latest round of changes to superannuation policy. On the 15th of September, Treasurer Scott Morrison, announced a number of further changes to the superannuation system, modifying aspects of what had previously been announced as part of...
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Keep up to date with changes to SMSF Collectables

By Andrew Barlow on 01/09/12 - Mins to read: 5 minutes

As many of our clients would be aware, there are important changes to the rules around Collectables within Self-Managed Super Funds (SMSFs) from 1 July 2016. First of all, what are collectables? Collectables or personal use assets, include items such as artwork, jewellery, wine, motor vehicles and recreational boats. A...
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Is your accountant licensed to provide SMSF advice

By Chris Gebhardt on 01/09/12 - Mins to read: 5 minutes

New legislation will limit the advice unlicensed accountants can provide around Self-Managed Super Funds (SMSFs). Introduced 12 years ago, an Australian Financial Services Licence (AFSL) must be held by providers of financial advice.  With the AFSL comes a raft of obligations designed to protect the interests of investors.   Accountants with...
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Jason Yeap: Experience Counts

By William Buck on 01/09/12 - Mins to read: 5 minutes

Jason Yeap has been around the property market for a long time. His personal philosophy is that you need to have invested through a full property cycle to appreciate how property markets operate. Jason has lived through two cycles, the recession we ‘had to have’, and the GFC. Now on...
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