imk, Author at

Property Investors Review

Posted on April 13, 2016 by imk

Holistic Property Advice With the changes in the property sectors, the volatility of property market values, new bank LVR guidelines, new bank lending rules, pending taxation changes to negative gearing and Capital Gains, and lots more, now could be a good time to get a new holistic review of your personal circumstances. Times have changed when we used

Posted in Accounting, Property Advice, Tax Time Asset Protection, Property

SMSF Loans Update – April 2016

Posted on April 13, 2016 by imk

ATO releases new guidelines for SMSF Trustees for non-bank SMSF limited recourse borrowing arrangements The ATO have released important information detailing interest rates, loan-to-value ratios (‘LVRs’) and other terms that constitute safe harbours for SMSF limited recourse borrowing arrangements (‘LRBAs’) so that arrangements will be taken to be consistent with an arm’s length dealing. The ATO

Posted in Self Managed Super Funds SMSF

A Glimpse of the Role of a SMSF Auditor

Posted on December 17, 2015 by imk

Your accountant cannot audit your SMSF, as they are not independent if they have prepared the tax return and the financial statements of the SMSF. An SMSF auditor has to be registered and licensed with ASIC. SMSF auditors also assist and work with the trustees and the accountant with matters that may be relevant to

Posted in Self Managed Super Funds, Super Fund Audits SMSF, SMSF Auditors, SMSF Audits