Changes to Related Party LRBAs

The ATO, recently released guidance statement PCG 2016/5 which changes the terms for related party Limited Recourse Borrowing Arrangements (LRBAs). This Guideline sets out the ‘Safe Harbour’ terms on which SMSF trustees may structure their related party LRBAs for income tax compliance purposes, (ie loans

Select »

Skills behind outsourcing crucial

08 Feb 2016 By Krystine Lumanta A successful outsourcing and offshoring relationship depends greatly on the qualifications and experience of the staff processing the SMSF work. “At the end of the day, we fall back on the quality and the training [of our staff],” BPO

Select »

self-managed funds are enjoying the benefits of scale

08 Feb 2016 By Darin Tyson-Chan The latest ATO statistics regarding the SMSF sector provide clear evidence self-managed funds are enjoying the benefits of scale. The annual report released by the regulator, “Self-Managed Superannuation Funds: A Statistical Overview 2013-14”, revealed a direct correlation between the

Select »