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Individual Podcasts

SMSFs & Non-Arm`s Length Income From Trusts - Applying the Rules to Remain Compliant

Self-managed super funds can provide an excellent way to hold assets and derive income at concessional tax rates. However, trustees and advisers must take care to ensure that transactions are undertaken on an arm’s length, commercial basis if the non-arm’s length income rules in s

Date/Time

About the Podcast

Self-managed super funds can provide an excellent way to hold assets and derive income at concessional tax rates. However, trustees and advisers must take care to ensure that transactions are undertaken on an arm’s length, commercial basis if the non-arm’s length income rules in section 295-550 of the Income Tax Assessment Act 1997 are to be avoided. This session steps through the elements that will turn trust income into non-arm’s length income and provides practical guidance on how to avoid the traps and hazards of non-compliance.

Featuring: Andrea Carrick, AG Tax Lawyers, Melbourne

[32.10 minutes] [0.53 CPD hours]

Presented By

Andrea Carrick
Director, SMSF Specialist Advisor, AG Tax Lawyers Melbourne, Vic

Andrea has over 18 years of experience advising SMEs and high net worth individuals in all areas of taxation including income tax, CGT, GST and state taxation matters. She advises both corporate and private family businesses across a wide range of industries, focusing on complex business restructuring, commercial transactions and estate and succession planning. Andrea also has a wealth of experience liaising and negotiating with the ATO and Revenue Offices on behalf of clients in audits, investigations, objections and private ruling applications.

Andrea has a keen focus on superannuation, particularly in respect of SMSFs. She has extensive experience advising SMSF trustees and their advisers in regulatory and compliance matters and maximising opportunities for members with the intersection of the Small Business CGT Concessions and Superannuation. Andrea recognises the value of practical advice and is passionate about making these complex areas of tax and superannuation user friendly and accessible.

Andrea is a regular presenter for the TEN The Education Network, Legalwise Seminars and CPA tax discussion groups.

CPD Information

0.00 CPD Hours

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