Articles
Does A Declaration of Trust Satisfy r4.09A?
While separation of assets remains one of the most reported contraventions by SMSF auditors, the question is: does a declaration…
How to Pass the Business Use Test
There is no study guide available on how to pass the business use test. The facts are that business real…
The Real Purpose of Business Real Property
The answer to whether a property meets the real purpose of business real property (‘BRP’) is “it depends”. A complete…
Here’s How SMSF Auditors Will Deal With Rent Relief
The ramifications of COVID-19 will affect SMSFs for many years. One of the financial impacts is that an SMSF may…
Commercial Leasing Code of Conduct Confirmed for SMSFs
The Government has agreed to a new Code of Conduct (“Code”) that imposes a set of good faith leasing principles…
The Pitfalls of Property Valuations – Part 3
Unless an SMSF has invested in property through a limited recourse borrowing arrangement (LRBA), the fund is prohibited from borrowing…
The Pitfalls of Property Valuations – Part 2
Property development in an SMSF encompasses many activities that range from the renovation and re-lease of existing buildings to the…
The Pitfalls of Property Valuations – Part 1
Property development is a popular investment choice for SMSFs because in many cases the returns are greater than investing in…