SMSF Gearing Handbook Updated

The Townsends' Guide to SMSF Borrowing Volumes I & II have now been updated with the following:

• Ruling SMSFR 2012/1 (para 3.12);
• National Tax Liaison Group Superannuation Technical Minutes June 2012 (para 7.14);
• interest on related party loans (para’s 7.14 – 7.16)
• a new worked example on negative gearing (para’s 5.17 – 5.21 et ff);
• warnings about bank documents that undermine the ‘absolute entitlement’ rule (para’s 8.12 - 8.13);
• further information on variations to a loan (para’s 10.7 – 10.9);
• Estate Planning and SMSF Borrowing (new Chapter 9);
• several additional FAQ’s (para’s 10.134 and 10.135); and
• updates to the list of laws, regulations and ATO pronouncements (Chapter 11)

The new updated versions of the guides are now accessible through your My Account e-Guide page.

For further information or to purchase a copy of the guides, please contact us on (02) 8296 6266.