Tax with Max: The benefits of a corporate trustee

Corporate trustees, maximising tax-free super, buying shares and more.

My accountant is suggesting that we change our SMSF’s trustee to a corporate trustee from the current individual trustees. Currently just my wife and I are the two trustees of our SMSF. This was recommended because of the SMSF’s purchase of a commercial property in Victoria. The accountant’s advice is that under our current arrangement we will be listed as purchasing the property as ‘tenants in common’ on the title, rather than the much preferred option of ‘joint tenants’.


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