The Total Superannuation Balance (TSB) of a member calculated as at 30 June each year is pivotal to determining the SMSF’s eligibility for certain super measures as well as contributions that may be made in respect of that member in the ensuing year.
TSB
Selling member’s business real estate into SMSF
Townsend Lawyers’ Jeff Song explains that the strategy of selling your business real estate into your SMSF, though perhaps not quite as attractive, is still viable.
New LRBA rules to apply after 1 July 2018
A new piece of legislation giving effect to proposed measures announced during the 2018 Budget in respect of limited recourse borrowing arrangements (‘LRBA’) is currently being discussed by Parliament.
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