Self Managed Super Funds

Valuations and Your Self-Managed Super Fund

By Warren Kruger / March 12, 2018 / 0 Comments

  While there is not always the need to employ a qualified independent valuer for each valuation, there are important circumstances where it is mandated, and others where it is recommended. Where one is not used then appropriate documentation needs to be kept of how valuations were determined. Back-of-the-envelope or simply made-up valuations will not […]

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Can a SMSF Invest in Property Development?

By Warren Kruger / February 17, 2018 / 0 Comments

The ATO has been sending some mixed messages about property development involving an SMSF, and has indicated that it is one of the issues on its radar for 2018. So is property development an allowable investment for an SMSF? The short answer yes, but be careful. A longer answer is be very careful — it […]

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Forced to Unwind Your Limited Recourse Borrowing Arrangements?

By Warren Kruger / December 9, 2017 / 0 Comments

Limited recourse borrowing arrangements (LRBAs) were once all the rage in SMS land, However, with the tightening of banking rules this frenzy has begun to abate somewhat over the last few years. LRBAs are great in a growing market as they allow an SMSF to grow the value of assets it holds in the expectation […]

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SMSF stats just keep getting better

By Warren Kruger / September 19, 2017 / 0 Comments

The ATO has recently released the latest of what has become a regular update on the state of the SMSF market. The Self-managed super fund statistical report, with the latest covering the quarter to March this year, has become an anticipated overview for many in the SMSF arena — containing as it usually does some […]

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Treasury Amends LRBA Requirements For SMSFs Again

By Warren Kruger / September 5, 2017 / 0 Comments

As if the new transfer balance cap rules were not complicated enough, the government has passed legislation that complicates it further where an SMSF starts a limited recourse borrowing arrangement (LRBA) from 1 July 2017. Treasury was concerned that some trustees would try to get around the $1.6 million transfer balance cap (TBC) through the […]

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Tax Deductions Specifically for SMSFs

By Warren Kruger / August 10, 2017 / 0 Comments

One overarching fundamental that SMSF trustees should ideally keep in mind is the sole purpose test – that is, every decision made and action taken is required to be seen as being undertaken for the sole purpose of providing retirement benefits for the fund’s members. lf an SMSF trustee incurs an expense in the usual operation […]

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