SMSF Related Parties & In-house Assets Webinar

The complex rules in practice and where it goes wrong

When are related party acquisition rules relevant?
What are the related party acquisition exemptions?
What to do when it goes wrong

A Live Instructor Led Webinar

The in-house asset rules can be complex and the risks high - in-house assets are the highest value reported contravention in dollar terms and the second most reported contravention in the last 10 years.

The SMSF Related Parties & In-House Assets Webinar identifies the issues and breaks down the complexity, stepping through the processes and procedures in practice. We also walk through the options to unwind a problem when a client has already taken action that has breached the rules.

Working with clients is about more than managing problems once they have arisen. It’s about helping clients understand what they can do, what they should do, and how to achieve the best result. The self-employed and small business clients are a case in point. But, there are a myriad of things that can go wrong without advice and careful planning. We show you how to get it right.

Knowledge Shop members, login for the discounted rate.

Total 1.25 CPD Hours (est.)

Details

Recorded: 22 June 2022

FPA accreditation pending

Terms & conditions: All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are provided for cancellations received 1 day prior to the webinar. No credits are available less than 2 hours prior to the event under any circumstances.

*Office Registrations. Maximum 20 participants per firm (must have same email domain). The PD points for all attendees will be recognised and links will be provided to all attendees.

What we cover

The SMSF Related Parties & In-House Assets Webinar provides you with a framework to ensure your clients are taking advantage of opportunities to hold certain assets in the tax effective superannuation environment while avoiding issues that lead to breaches.

What's included?

  • 1 x 1.25 hour (est.) webinar
  • 3 month access to Q&A embedded webinar recording
  • Reference notes
  • Identifying the related parties of an SMSF
    • Entities and when entities can inadvertently be caught as related parties
    • Ungeared unit trusts and exempt companies
  • Working with the Part 8 associate rules
  • Acquisitions from a related party?
    • What are the exemptions
  • The Sole Purpose Test – should we versus can we?
  • In house assets. Not always a bad word.
  • In house asset exemptions
    • 13.22C Trusts and companies
    • Pre 1999 Trusts, Companies and Loans

Our presenter

Technical Superannuation Adviser

Jason Hurst

Jason Hurst RJason is an experienced commentator, presenter and writer on superannuation and retirement. He specialises in breaking down complex technical concepts for professional advisors and their clients.

He has over 20 years’ experience in the wealth and retirement sectors, working with accountants and advisers to build their technical skills in superannuation, retirement, Insurance, social security and age care, and enjoys helping to provide the tools to articulate these concepts in a simple and easy to follow way to clients.

Jason also works with the Financial Planning Association (FPA) as a subject matter expert for the CFP 5 program and a technical student mentor to those undertaking the CFP courses.

He has a Bachelor of Economics from the University of Newcastle and holds the Certified Financial Planner (CFP) designation.