tax return 2020
As 14 million Australians begin pulling together their records for tax time, the Australian Taxation Office (ATO) is advising people to wait until the end of July 2020 before lodging…
SMSF Auditor-Melbourne
Borrowing and Limited Recourse Borrowing Arrangements SMSF, generally, are not allowed to borrow money. A limited recourse borrowing arrangement is an exception. Borrowing and Limited recourse are when an SMSF…
SMSF Auditor-Property Purchase
While the SMSF can purchase a residential property from a non-related third party, it cannot purchase a residential property off a member or related person of the member. An SMSF can, however, purchase listed shares or business real property (commercial and…
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