Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREJustifying prospective strategies to break through asset segregation intricacies
The use of segregation can be a complex undertaking for SMSFs and will require proper consideration of tax outcomes and additional expenses that are justifiable for the SMSF strategy.
SuperGuardian education manager Tim Miller said that SMSFs can use segregation to separate the assets of the fund for several reasons, but it can be complex to determine the use of strategy when weighing different circumstances along with administrative perspectives when it comes to income tax exemption.
Read more at SMSF Adviser.
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