by Admin | Wed, Mar, 2013 | Adviser, Property, SMSF News
The tax office has emphasised it is focusing on audit quality from approved auditors of self-managed superannuation funds (SMSF) and to achieve this has stressed the importance of having the auditors cooperate with the regulator. In its latest SMSF newsletter, the...
by Admin | Mon, Jan, 2013 | Property, SMSF News, Tips and traps
Trustees who keep the bulk of their self-managed super fund (SMSF) assets in property could be making a dangerous investment move, according to HLB Mann Judd. Property has been a popular asset choice for SMSF holders due to volatile market conditions and investor...
by Admin | Sun, Dec, 2012 | Adviser, Property, SMSF News, Tips and traps, Trustee
Nicholas Ali provides a breakdown of what is allowed and what’s not with regards to buying property in an SMSF. The Australian Taxation Office (ATO) recently released Taxpayer Alert 2012, outlining arrangements contravening superannuation law when a self-managed...
by Admin | Mon, Sep, 2012 | Adviser, Property, SMSF News
Nicholas Ali explains the importance of insurance when entering a Limited Recourse Borrowing Arrangement. We receive many queries regarding self-managed super funds (SMSFs) in receipt of insurance proceeds, particularly where an SMSF has entered into a Limited...
by Admin | Mon, Sep, 2012 | Adviser, Property, SMSF News
The problem of SMSFs falling foul of the in-house asset rules upon settlement of an LRBA is soon to be resolved. The Australian Taxation Office (ATO) is working towards addressing any in-house asset concerns regarding self-managed superannuation funds (SMSF) in...
by Admin | Wed, Sep, 2012 | Borrowing, Investments, Property, SMSF News
Where an SMSF has bought property, the break-up of assets may be problematic during a Michael Hallinan writes. Marriage and self-managed super funds (SMSFs) are supposed to be long-term structures with economic consequences for the partners involved. Financial...