Regulation 8.02B – SMSF market value rules

Regulation 8.02B, applicable for reporting years on or after 30 June 2013, requires all assets in the SMSF financial statements to be valued at market value. The regulation requires that valuations should be based on objective and supportable data.

The diagram below is a snapshot of the requirements of this regulation.

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DISCLAIMER: This information is an interpretation of rules, regulations and standards. It should not be considered as general or specific advice and neither purports, nor is intended to be advice on any particular matter. No responsibility can be accepted for those who act on the contents of this publication without first obtaining specific advice. Liability limited by a scheme approved under Professional Standards Legislation.