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Sole Purpose Test Explained in a Video from the ATO for SMSF Trustees


A picture tells a thousand words and a video replaces reams of legislation! The ATO have  recently released two videos – the first set in a planned series of short animations designed to help you understand your SMSF obligations.

If you want to know how the sole purpose test may impact on SMSF investments in property or more about meeting your annual obligations, these videos will help you head in the right direction.

SMSF Trustees should subscribe to ensure the ATO  lets you know when more animations are added to their YouTube channelExternal Link. Be sure to keep on the lookout for them!

http://youtu.be/u34EYanp0v4

Are you looking for an advisor that will keep you up to date and provide guidance and tips like in this blog? then why now contact me at our Castle Hill or Windsor office in Northwest Sydney to arrange a one on one consultation. Just click the Schedule Now button up on the left to find the appointment options.

Liam Shorte B.Bus SSA™ AFP

Financial Planner & SMSF Specialist Advisor™

SMSF Specialist Adviser 

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Verante Financial Planning

Tel: 02 98941844, Mobile: 0413 936 299

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5/15 Terminus St. Castle Hill NSW 2154

Corporate Authorised Representative of Viridian Select Pty Ltd ABN 41 621 447 345, AFSL 51572

This information has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation and needs. This website provides an overview or summary only and it should not be considered a comprehensive statement on any matter or relied upon as such.

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by SMSF Coach - Liam Shorte on February 28, 2014  •  Permalink
Posted in SMSF Management, Trustee
Tagged Account Based Pension, ato, audit, Backup, Baulkham Hills, Castle Hill, Dural, Hawkesbury, pension phase, reset pensions, Retire, scanned copies, Self MAnaged Super, Self Managed Superannuation Fund, SMSF, sole purpose, sole purpose test, Strategy, superannuation, Trustee, trustee education, TTRAP, valuations, Windsor

Posted by SMSF Coach - Liam Shorte on February 28, 2014

https://smsfcoach.com.au/2014/02/28/sole-purpose-test-explained-in-a-video-from-the-ato-for-smsf-trustees/

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