SMSF COMPLIANCE BREACHES SMSF COMPLIANCE BREACHES The ATO’s recent report has highlighted a few common breaches. This article will explore these breached in more detail to assist SMSF’s and Acquiring Assets from Family and Associates Let us first establish who a related party of an SMSF is? They can be: Parents, brothers, sisters, Aunts and … Continue reading SMSF Compliance Breaches

Do SMSF’s need to pay Land Tax ? SMSF’s and their members and trustees all fall under the category of owners and where freehold property is purchased within an SMSF, then the fund may be liable to pay land tax on land owned directly by the fund. The good news is, complying SMSF’s are entitled … Continue reading SMSF Land Tax