Articles

Claiming Deductible Contributions Correctly
While TR 2010/1 covers the mechanics of how to make a personal contribution, difficulty arises when claiming contributions as a…

The True Impact of Incorrect Market Valuations (Part 2)
Compliance Breaches Acquisition of Assets from Related Party Some exceptions allowed under s66 enable an SMSF to acquire assets from…

The True Impact of Incorrect Market Valuations (Part 1)
Is near enough good enough when valuing SMSF assets at market value? Not according to r8.02B SISR, which requires SMSF…

Navigating Disqualified SMSF Trustees
Navigating disqualified SMSF trustees can be challenging because there are many moving parts to deal with. As the number of…

How to Pass the Sole Purpose Test
Making sure an SMSF passes the sole purpose test (“SPT”) is one of the cornerstones of operating a compliant SMSF….

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…