Articles
Navigating SMSF Property Compliance
Property investment within SMSFs remains a popular strategy for building retirement wealth. Navigating SMSF property compliance, however, requires a holistic…
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…
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…
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…
Caddick Case Reinforces Professional Standards
In a class action that will most likely never go to trial, the Caddick Case reinforces the importance of professional…
The Key to Owning SMSF Assets (Part 2)
In the last part of our series on title to assets, we discuss how trustees are appointed, what happens if…
The Key to Owning SMSF Assets (Part 1)
While it might appear straightforward, attention to detail is the key to owning SMSF assets. And with r4.09A SISR now…
Is General Expense NALI Material?
The SMSF industry breathed a small sigh of relief after the release of the latest general expense NALI rules. While…