An SMSF can buy business real property and lease it to a member and the laws and processes are clear. The rent paid is classed as income from the investment rather than a contribution from the member.
Author Archive | Stephen Lawrence
Deferring concessional contributions to a year when an individual’s taxable income is higher by making ‘catch-up’ contributions can create a sizable tax arbitrage between tax paid within the fund and tax paid personally.
The advantages of using re-contributions to minimise taxable components within super will dry up after 1 July 2017, but those in a position to make the most of it now, should consider seeking advice and doing so.
Purchasing shares for your SMSF under a highly-leveraged Limited Recourse Borrowing Arrangement should take into account the ATO’s 45-day rule, or risk losing the imputation credits.