SMSF Trustees who have established a limited Recourse Borrowing Arrangement(LRBA) with a loan from a related party should ensure the terms of the loan are made on an arms-length basis by 30 June 2016. Where the terms of the loan and the ongoing operation of tContinue Reading...
1. Increase to SG Contributions The minimum employer superannuation guarantee contribution increased from 9% to 9.25%. 2. Higher Concessional Contributions Cap For those aged over 60 and over at any stage during the 2013/14 Financial YeContinue Reading...
As borrowing to purchasing property through Self Managed Super Funds (SMSFs) becomes more popular, I believe there are certain areas that need to be addressed. A particular area that I have been asked recently is can an SMSF borrow money to purchase a propertyContinue Reading...
Financially Speaking Winter 2018 Edition
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