The recent decision of Deputy Commissioner of Taxation v Lyons  FCA 1353 provides various insights for self managed superannuation fund trustees, as explained in this article. Facts of decision On 6 June 2008, the Lyons Family Superannuation Fund (‘Fund’) was registered as a self managed superannuation fund. At all relevant times, Mr Lyons and [read more]
Establish a new SMSF
Order online now. Includes the necessary documents to establish your self managed super fund.
The ATO has just released more guidance for limited recourse borrowing arrangements (‘LRBAs’). This guidance is in addition to last week’s ATO ID 2014/39 and ATO ID 2014/40. Although this new guidance is ostensibly aimed at ‘non-commercial’ LRBAs, it should also be very relevant when setting the terms of any related party LRBA loan agreement. [read more]
I will be once again returning to the University of Melbourne to impart some of the knowledge I have gained in the 30+ years working in the fields of superannuation and tax. Having presented at the University of Melbourne previously, it is great to have the chance to go back and present on how the [read more]