When an SMSF and its tenant have agreed to reduce the rent, how should the SMSF properly implement and document the rent relief?
COVID-19
Landlord’s Temporary Rent Relief Checklist
As a landlord facing a request for a rental review due to COVID-19, what are the steps to consider before agreeing or denying the request? Jonathon See from Townsends Lawyers assesses the steps required.
Plan B: SMSF pension strategies during the COVID-19 recession
Investment values have nosedived but an SMSF is still required to pay the minimum pension amount – Townsends Lawyers believe it’s time for Plan B.
Can rent relief granted by a landlord SMSF amount to a breach of superannuation law?
Donald and Melania have an SMSF that owns several properties.
SMSF landlords and offering rent relief
A hot topic for SMSF trustees during the COVID-19 crises is whether SMSF trustees that hold land can offer rent relief to their tenants, in particular to related tenants, without breaching the superannuation laws.
Health and fitness megatrend is immune to COVID-19
The megatrend towards health and fitness is likely to accelerate as a result of Covid-19, even in a recession, according to Monik Kotecha at Insync Fund Managers.
Witnessing legal documents in NSW during COVID-19
Townsends Law’s Elizabeth Wang looks at how to meet the signing and witnessing requirements of special documents during the COVID-19 restrictions.
Covid-19 rent relief – a practical checklist for SMSFs
The ATO has announced that their compliance approach for the 2019-20 and 2020-21 financial years is that they “will not take action if an SMSF gives a tenant (even if a related party to the fund) a temporary rent reduction, waiver or deferral because of financial effects of COVID-19”.