SMSF – beware related party/private investments


Posted By on 18/11/19

While the nature and type of commercial transactions a self-managed superannuation fund (SMSF) can undertake with a related party are heavily restricted, the SIS Act does not prohibit all such transactions. However, such related-party transactions carry a risk of the ATO assessing the SMSF under the non-arm’s length income (NALI) rules in s 295-550 of … Read more