Published on 11 Apr 08
by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE
This paper gives a Lawyer's and Accountant's perspective of:
- the new regulations that allow SMSFs to borrow
- how to structure this borrowing correctly
- the restrictions that apply to gearing in a SMSF
- the accounting issues associated with these changes
- other tax implications to consider - CGT, stamp duty, GST
- is the Rudd Government likely to change the rules?
Ron is a Partner in the law firm Munro Doig. He practises extensively in superannuation, taxation and related commercial areas, and has done so for over 10 years. Advice is given to a wide range of clients including private and public company groups, industry master and self managed funds, and to the accounting profession and other advisers to the superannuation and financial services industry. Ron has presented numerous papers on a wide range of superannuation topics and is a lecturer on superannuation for the Securities Institute and in the trustee training courses run by the Association of Superannuation Funds of Australia. Ron’s practice focuses on superannuation, but extends into related areas, such as retirement and estate planning, and business and asset structuring.
Current at 11 April 2008 Current at 29 April 2008
Click here to expand/collapse more articles by Ron DOIG.