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SMSFs flagged on LRBA contributions traps

SMSFs have been warned on the continuing traps seen from LRBAs and their effect on the total superannuation balance, with closer attention needed on managing concessional strategies, according to a technical specialist.

SMSFs flagged on LRBA contributions traps
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SMSFs flagged on LRBA contributions traps

Speaking on a recent BT technical webinar, technical consultant Tim Howard flagged tips to better fine-tune strategies to navigate the contribution impacts from LRBAs on the total superannuation balance (TSB). 

Read more at SMSF Adviser

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