Articles
Solving the In-house Asset Compliance Maze (Part 2)
Applying the In-House Assets Rules The interaction between the IHA rules and Part 8 of SIS underscores the legislation’s holistic…
Solving the In-House Asset Compliance Maze (Part 1)
Solving the in-house asset (IHA) compliance maze is complex due to the legislation that applies to IHA breaches. The core…
Absence of a Related Lease on In-house Assets
Does the absence of a related party lease arrangement impact an SMSF’s in-house assets ratio? While many accept that business…
How To Legally Acquire Assets from a Related Party
Legally acquiring assets from a related party seems almost too good to be true, especially when s66 SIS forbids it….
Can an SMSF Own Employee Shares?
Employers are turning to alternative methods of rewarding employees as wage freezes become commonplace during the pandemic. With record low…
The Related Party Rent COVID Challenge
Related party rent valuations are fast becoming the next big COVID challenge for SMSF trustees. With property values reaching a…
Extending Rent Relief to SMSF Related Parties
We know the ATO has sanctioned an SMSF negotiating rent relief with a related party tenant as a result of…
ATO Clarifies Related Party Temporary Waiver of Rent
The ATO has clarified the situation where an SMSF owns real property and has been requested by a related party…
3 Simple Rules for Related Parties
Trying to identify related party transactions in an SMSF can seem like pulling apart a set of Russian dolls: the…