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The latest analysis on NALI/E – The SMSFAdviser Show

   

In this episode with the SMSFAdvisor Show, Daniel Butler, Director of DBA Lawyers, explains Treasury’s recent consultation on the non-arm’s length rules and what it means for SMSF professionals. He discusses in detail how the proposed changes would operate and how the industry has reacted so far.

Daniel also highlights some of the issues with the non-arm’s length income provisions that were not covered in the consultation and what changes he and industry bodies would like to see in this area.

Lastly, he touches on the potential implications of these proposed provisions for the SMSF administration, accounting, advice and audit processes for funds.

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This article is for general information only and should not be relied upon without first seeking advice from an appropriately qualified professional.

Note: DBA Lawyers presents monthly online SMSF training. For more details or to register, visit www.dbanetwork.com.au or call 03 9092 9400.

For more information regarding how DBA Lawyers can assist in your SMSF practice, visit www.dbalawyers.com.au.

By Daniel Butler, Director ([email protected]) of DBA Lawyers.

DBA LAWYERS

9 February 2023

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