SMSF property & LRBAs: Navigating the latest changes


Cooper Grace Ward partners Scott Hay-Bartlem and Clinton Jackson provide an update on recent guidance and regulatory changes in the SMSF property and loans space and flags some critical considerations for clients, including:

  • An update on what compliance relief the ATO has provided to SMSFs in response to COVID around rent reductions and waivers and loan relief provided to related parties.
  • Critical steps for ensuring SMSF clients are covered by the ATO’s COVID-19 relief measures
  • What the legislative instrument on intermediary LRBAs means for SMSF clients looking to borrow
  • Common risk areas for SMSFs with property development and the ATO’s latest guidance in this area