
Limited Recourse Borrowing Arrangements in SMSFs: Understanding Compliance Risks and ATO Scrutiny
LRBAs allow SMSFs to borrow for investments, but strict compliance rules apply and ATO scrutiny continues to increase Limited Recourse

LRBAs allow SMSFs to borrow for investments, but strict compliance rules apply and ATO scrutiny continues to increase Limited Recourse

Your tax residency determines whether you are taxed on worldwide income or only Australian-sourced income For Australians working overseas, tax

Repairs are immediately deductible, while improvements must be capitalised and claimed over time under ATO rules For Australian property investors,

Working from home deductions allow eligible taxpayers to claim expenses related to working remotely, but choosing between the fixed rate

Government super co-contributions can significantly boost retirement savings for eligible low and middle income earners by matching personal after-tax super

SMSF death benefits are taxed differently depending on who receives the benefit and whether it is paid as a lump

A super re-contribution strategy can reduce future tax on death benefits by converting the taxable component of super into tax-free

NALE and NALI rules can cause an SMSF’s income to be taxed at the top marginal rate if the fund

PCG 2021/4 issues often arise when a professional firm’s profit allocation does not match commercial reality. Before an ATO review,

PCG 2021/4 sets out how the ATO assesses whether profit allocations in professional firms reflect commercial reality or present a