Archive for July, 2016

Auditor insights: Market Valuations within SMSFs

July 27, 2016
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To some degree there have always been scenarios where SMSF trustees have been forced to present their annual accounts using a market valuation for all assets.  For example, if a fund is in pension phase market valuation is required so…

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FAQ: What is Safe Harbour for Self Managed Super Funds and how does it affect me?

July 12, 2016
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The Safe Harbour provisions as announced by the ATO in Practical Guidance Statement 2016/5 (PCG 2016/5) concern related party limited recourse borrowing arrangements (LRBAs). There have been rumblings by the ATO for some time now about their concerns regarding non-arms’…

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The Rise of the Semi-Related Investment Trust

July 11, 2016
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Whilst reviewing several thousand SMSFs ever year it is common for our auditing team to see trends in both investments and superannuation strategies.  One such trend that has been available since the inception of ‘DIY funds’ but seems to have…

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