QUESTION: I need an Instalment Warrant for my client. They are not sure whether they are going through a bank or lending money themselves to their Self Managed Superannuation Fund. Can we do either?
Here is LawCentral's view on this subject:
Showing posts with label SMSF Residency Test. Show all posts
Showing posts with label SMSF Residency Test. Show all posts
Tuesday, February 10, 2009
Self Managed Funds and Holidays Overseas
To operate a Self Managed Super Fund you generally have to live permanently in Australia. The "residency test" must be satisfied. Failure means you lose your concessional tax treatment as a complying superannuation fund you then pay a lot of tax.
Here is LawCentral's view on this subject:
Here is LawCentral's view on this subject:
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