SMSF Alert: October 2014

Key Developments Rumours of potential changes to SMSF borrowing rules Industry super fund members hit by rising insurance premiums There’s been a few interesting developments on the SMSF front this month so let’s take a look. Rules on leverage in SMSFs The clouds are gathering over borrowing by SMSFs, with both the Financial System Inquiry (FSI) and the Tax Office looking at the issue. The FSI has received submissions (including from the Reserve Bank and the big four) suggesting a ban, or further restrictions, on leverage inside self-managed super. The most likely outcome is a restriction on related party...

There’s been a few interesting developments on the SMSF front this month so let’s take a look.

The clouds are gathering over borrowing by SMSFs, with both the Financial System Inquiry (FSI) and the Tax Office looking at the issue.

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