In our October and November webinars we have looked closely at the relationship between SMSFs and the in-house asset rules as well as the rules around acquiring certain assets from a related party. Both these webinars had a common theme which included certain SMSF investments in related trusts. Trust investments represent a quarter of all investments held by SMSFs according to ATO statistics.
In this webinar Tim Miller from Smarter SMSF will run through the various types of Trust investments that an SMSF might hold and outline any restrictions on those investments at acquisition and on an ongoing basis. The webinar will consider such things as the activity of the trust, how it transacts and how it distributes income and whether any of these elements impact the compliance or taxation position of the fund.
Learning Outcomes
At the end of the session, attendees will have an appreciation for:
– how different related trusts have different restrictions
– the impact of NALI on trust investments
– some common issues that arise when investing in trusts
– dealing with re-investments for various trust holdings
Tim Miller is the SMSF Technical and Education Manager at Smarter SMSF and is one of Australia’s leading SMSF educators and presenters with over 25 years’ experience in the Superannuation industry. His experience has been gained through providing legislative and compliance support to thousands of Trustees, Accountants and Financial Planners since joining the SMSF sector in 1999. In addition to servicing the needs of SMSF clients, his practical and personable approach to compliance has made him a much sought after presenter.
Tim regularly presents at the major SMSF conferences and events, contributes to various trade and general publications, he is a Fellow SMSF Association Specialist and was awarded the CEO Award at the 2023 SMSF Association National Conference for services to the SMSF sector.
