Belinda is a director of Super Sphere Pty. Ltd., a specialist self managed superannuation company, where she is responsible for providing audit, consulting and training services in relation to self managed super funds.
Belinda established Super Sphere in 2003 to specialise in SMSF auditing and audit related services. This is in addition to providing an SMSF Audit Toolkit to other auditing professionals and undertaking numerous training engagements each year.
Belinda is a member of the CAANZ, and holds a Bachelor of Business (Accounting). Belinda is also a specialist Fellow member of the SMSF Association (SMSFA), co-chairperson of their audit discussion group, and a member of both the SMSF Association’s education and conference committees.
Belinda is a representative of the SMSFA at the ATO SMSF auditor professional association stakeholder group, and a member of the ATO Superannuation Industry Relationship network committee.
Recorded Webinar: Investigating Tricky Transactions – Red Flags the SMSF Auditor Must Heed
Date/Time
About the Webinar
The ATO has increased scrutiny on non-arm’s length income and related party transactions. If the ATO is prowling the trustee needs to know how to respond. This session examines the key issues from an audit perspective, including:
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Related party transactions
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Acquisition from related parties - ensuring arm’s-length transactions
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Defining related parties and where it is easy to trip up
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Restrictions on lending money to related parties
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The in house asset rules and related party loans
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When can an SMSF invest in a member’s private company?
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Borrowing from a related party - limited exceptions
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Buying and selling assets to a related party
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Non-arm’s length income
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Legislative update - casting a wider net on non-arm’s length income
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Non-arm’s-length income rules and their application to:
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private company dividends
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investments
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transactions
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other arrangements
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Non-arm’s-length income from trusts
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SMSFs and non-arm’s length expenses
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Determining what is an arm’s length commercial rate
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Checking expenses to ensure they are at normal commercial rates
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Recent ATO guidance
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Presented By
Belinda Aisbett
Director, Super Sphere Melbourne, VicWho Should Attend?
This webinar is suitable for SMSF auditors throughout Australia. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
Enquiries/Assistance
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]