SMSF Guide, 7th edition

The SMSF Guide is the first choice for funds advisers across the country.

Incorporating case studies and real-life examples, you’ll find expanded, in-depth coverage of the latest strategies in the SMSF Guide.

Jemma Sanderson, CTA, looks at recent developments, rulings and important cases and covers tax-effective SMSF strategies, offering expert tips to ensure that you avoid common and costly mistakes.

What’s covered in SMSF Guide, 7th Edition:

• consideration of the new rules with respect to the refund of excess concessional and non-concessional contributions, including the practical operation of the provisions
• contribution reserving strategies in practice, particularly in light of recent ATO changes
• withdrawal and recontribution strategies in practice
• segregating assets in superannuation – the practicalities and tips and traps
• a review of recent cases with respect to the death of a member, particularly the operation of binding death benefit nominations, trustee discretion and the importance of full consideration of the succession of an SMSF; and
• consideration of the non-arm’s length income provisions, including recent ATO guidance with respect to limited recourse borrowing arrangements and nil interest loans to SMSFs from a related party, and the features of a commercial arrangement.

Key features and benefits

Outlining strategies for managing your clients' contributions and opportunities, this title considers tax-effective SMSF strategies, and covers:

• excess contribution cases – the ATO versus the taxpayer – what to look out for when applying for discretion to maximise chances of success
• how the new contribution refund provisions operate and the issues and opportunities to consider for clients
• the treatment of assets supporting income streams upon the passing of a member
• recent cases and ATO guidance with respect to superannuation
• superannuation contributions – what’s changed, areas of concern, ATO practice, and new rules to keep in mind.