SMSF Trustees – Is your Investment Strategy Compliant??

SMSF Trustees – Is your Investment Strategy Compliant??

Mar 9, 2020 | News Centre

The ATO has released guidance for trustees around the formation of an investment strategy for SMSFs, confirming that specifying asset ranges of zero to 100 per cent within the investment strategy document is “not a valid strategy”. In the guidance, released on the ATO...
SMSF Trustees Beware – Non Arms Length Income Ruling

SMSF Trustees Beware – Non Arms Length Income Ruling

Nov 28, 2019 | News Centre

  A recent Ruling issued by the ATO has placed the spotlight directly on Trustees who transact on a non-arms length basis, with regards to expenditure incurred by their SMSF. In LCR 2019/D3 the ATO has adopted a far more stringent stance on the application of...