Archive for September, 2015

My wife and I share a SMSF with our Australian resident children.  We plan to move overseas indefinitely.  Can we still be members of our SMSF?

FAQ: My wife and I share a SMSF with our Australian resident children. We plan to move overseas indefinitely. Can we still be members of our SMSF?

September 7, 2015
admin

It is possible to remain a member of your SMSF, however there are certain requirements that would need to be met in order to meet the superannuation rules. A full picture of SMSF residency issues can be found in the…

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A twist to the LRBA tale

A twist to the LRBA tale

September 1, 2015
admin

When is a borrowing not a borrowing? According to SMSFR 2009/2 the answer is when it is merely a “financial accommodation”. I know it sounds like a bad joke that a bunch of lawyers might chuckle over after having had…

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