Tax Accountants Mernda
Purchasing property using your Self Managed Super Fund.
A hairdresser in a well-established business was advised by the landlord that at the expiry of the lease he was planning to sell the premises and she would have to vacate. Our client desired to stay as she had built up a good client base. Charltons confirmed that the business premises could be purchased by a Self Managed Superannuation Fund by rolling over her industry fund balance for the deposit and borrowing the rest. She then had the security of her business premises and tax savings as she provided for her future.
We at Northcity Accountants 7/545 McDonald’s Road South Morang VIC 3752, can help to discuss the options you have to suit your own tax planning,
Julius Mather on 03 9404 2737