SMSFs & Property Web Series
Reducing the risk of property ownership in an SMSF
The risks of TA 2023/2 on diverting profits
LRBA arrangements, when they do and don’t work
Unit trust complexity in property development
A Live Instructor Led 2-Part Web Series
Australians love property and the opportunity to invest through super has been one of the main drivers of the growth in SMSF establishments. But, there are a myriad of traps and complexities, and it’s an area high up on the ATO's hit list at both the adviser and client level.
The SMSFs & Property Web Series is essential training for those who need to be fully informed about the options, problem areas, and requirements to stay under the ATO radar.
In this series, we will explore the common and not so common strategies available for holding property in an SMSF and the steps you must take to ensure that these strategies are compliant. We will use a case study to help demonstrate the intricacies of LRBAs including the impact on a client's total super balance and related party loans.
Plus, we’ll look at requirements for market valuations. There is still a lot of confusion around what valuation is sufficient evidence to provide to the auditor. We will discuss this in detail so you can ensure a smooth audit sign off for your funds.
Register Me
AU $330 members
AU $395 non-members
Register Team*
AU $870 members
AU $985 non-members
Knowledge Shop members, login for the discounted rate.
Details
Recorded: 24 & 26 July 2023
SMSF Association accredited for a total of 2 CPD hours (PETKS230724)
- 0.25 Tax (financial) advice
- 1.75 Regulatory compliance and consumer protection
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 15 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 & Property Web Series is essential training for those who need to be fully informed about the options, problem areas, and requirements to stay under the ATO radar.
What's included?
- 2 x 1.25 hour (est.) webinars
- 3 month access to Q&A embedded webinar recording
- Reference notes
Session 1
- Property acquisition
- Unrelated parties - getting the fundamentals and timing right
- Related parties and business real property
- Where it can all go wrong - the traps to avoid
- Structuring lease agreements, plus ensuring they are on commercial terms when a related party is involved
- Market valuations - when are they needed and what is sufficient for audit purposes
- Overseas property purchases
Session 2
- LRBAs - setting up the structure correctly and the flow on impacts across an SMSF's lifecycle
- Related party loans and safe harbour
- Maintenance vs property improvement and when the nature of an asset changes
- Holding properties in a trust structure
- Structuring to enable property development inside an SMSF
- Non-arm's length income (NALI) & non-arm's length expenditure (NALE) and when they can occur
- The latest guidance on NALE and the practical problems
Our presenter
Natalie Scott
Natalie has spent well over a decade immersed in the intricacies of how SMSFs operate, navigating an increasingly complex legislative and regulatory environment, and managing the issues that arise servicing client needs.
She has led the SMSF divisions of mid and second tier firms and understands SMSFs from the ground up – accounting, tax, structuring and advice. At Knowledge Shop, Natalie is an advisers’ adviser, helping the profession clarify the practical requirements and opportunities of SMSFs. She brings this knowledge to her presentations and explores the issues in a very practical way – knowledge that is immediately transferable in practice.
Natalie is a Chartered Accountant and a specialist member of the SMSF Association.