“Ageing”: The Business Real Property Issue for SMSFs

Have you considered both the succession & tax issues that can be created when a client owns business premises through their SMSF?

It is common for clients to own their business premises in their SMSF. Why not, it can be a great tax planning strategy! But what happens as they get older and eventually cease working, either a planned retirement or an unplanned event? Will all that tax planning come unstuck? If you do nothing, then it probably will.

In this session, we will highlight several issues that must be considered for your clients, including:

• Identifying often unforeseen tax issues that may be left for future generations to deal with
• What clients need to put in place for business succession
• Planning well in advance for the eventual & inevitable tax outcomes
• Maximising our clients retirement position

Learning Outcomes:

Attendees will gain an understanding of:

• the business “Risks” associated with owning business real property in a SMSF.
• the specific tax issues relevant for both SMSF members and their families; and
• specific strategies to deal with client specific situations

Suited to:

All SMSF Accountants and SMSF Advisors.

This On Demand includes: 

• a recording of the webinar event which can be viewed multiple times
• a PDF of the presenter’s PowerPoint
• a Verbatim Transcript
• any Supporting Documentation
• a CPD Certificate after successful completion of the Knowledge Quiz