NALI / NALE in Practice – Where SMSFs are Still Getting it Wrong

The NALI and NALE rules may be settled, but the mistakes are not. Discover the traps still catching SMSFs and how to avoid costly tax consequences.

The non-arm’s length income (NALI) and non-arm’s length expenditure (NALE) provisions have undergone significant change over recent years, creating uncertainty and confusion for SMSF trustees and advisers alike. While the rules are now largely settled, many funds continue to fall into common traps that can result in substantial tax consequences.

This practical session will cut through the complexity and focus on the areas where SMSFs are still getting it wrong. Through real-world examples and case studies, we will examine how the rules operate in practice, the ATO’s current approach, and the steps trustees and advisers can take to identify and manage NALI/NALE risks before they become costly problems.

Learning Outcomes:

Attendees will learn:

• Explain how the NALI and NALE provisions operate in practice
• Identify SMSF transactions and arrangements that present NALI/NALE risks
• Understand the distinction between specific and general expenditure breaches
• Assess the potential tax consequences arising from non-arm’s length dealings
• Apply current ATO guidance to common SMSF scenarios
• Recognise situations requiring remediation or further investigation
• Implement practical strategies to minimise NALI/NALE exposure for SMSF clients and trustees

Suited to:

SMSF administrators, accountants and financial advisers from small to medium practices.

This On Demand recording Includes: 

• Recording of the Live Webinar, which can be viewed multiple times, for as long as required 
• Presenters contact details for follow up questions 
• CPD Quiz
• CPD Certificate 
• CPD Report – Logged automatically 
• PowerPoint Presentation
• Verbatim Transcript, with Searchability
• Supporting Documentation