SMSF Tax Articles

An SMSF is predominantly making financial supplies the provision of an interest in a super fund. Financials supplies are a category of input tax supplies. SMSF and GST.

From 1 July 2017, second-hand assets in residential properties are under new depreciation rules. In the past, when an SMSF purchased a used residential property, the fund could claim Div 40 deductions for existing furniture and fittings; under the new rules, Div 40 deductions are most likely denied for these assets. However the new rules […]

There are advantages in a cost base lift to create a deemed capital gain. What about CGT Relief deemed losses? Are there benefits to reset