In-house assets are synonymous with SMSFs; however, they still appear to be shrouded in mystery given they represent over a quarter of all SMSF compliance breaches based on the value of the breaches reported.
In this webinar Tim Miller from Smarter SMSF will break down the definition of what is an in-house asset, and in doing so will also identify those investments that appear on face value to be an in-house asset but are not due to other legislative provisions. Further, the session will look at the restrictions linked to investing in in-house assets and the requirements when a fund breaches the rules.
Learning outcomes
At the end of the session, attendees will have an appreciation for:
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.
