Can your SMSF sell property assets to a related party?

Self-managed superannuation funds (SMSFs) over the past few years have become the retirement vehicle of choice due to the flexibility that trustees have over investments and effective low tax rates. SMSFs are also an effective tool for estate planning, as it allows...

In-specie payments – a tax trap!

Withdrawing a residential investment property or other assets held by a SMSF is a strategy often favoured by trustees in pension phase. The law as it currently stands, does not allow for pensions to be paid in anyway other than cash. On the other hand, lump sum...