Redwood Advisory SMSF
The ATO has released guidance on the changes to Limited Recourse Borrowing Arrangements (LRBAs) on the new LRBA rules ahead of their 10 August commencement date, providing important clarification on how the transitional rules will operate. Importantly, the ATO new guidance clarifies the treatment of off-the-plan purchases, confirming that transactions can remain protected where a…
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For the last few years – there has been a buzzword in the SMSF landscape – “Crypto/ Bitcoin”. Recently the ATO issued guidance on navigating the crypto puzzle for SMSFs and disclosing the shocking increase in total SMSF holdings in cryptocurrencies to over $1.675 billion in 2025. Over the last few years we have seen…
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Great news this month! The Reserve Bank of Australia has finally decided to give our wallets a little breather and cut the official cash rate by 0.25%, bringing it down to 3.85%. Cue the collective sigh of relief from mortgage holders everywhere! We look forward to your lender passing on these cuts to your mortgage.…
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You guessed it, another tax! This time the government is looking to tax unrealised gains – Yes – they will tax you on imaginary future profits, it doesn’t matter if you actually made money – the government will slap your fund with a 30% tax NOW! The idea of taxing superannuation balances above $3 million…
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