(03) 9020 2905

Welcome to Bruce Brammall Financial

Day: June 11, 2014

ATO backflip on zero interest loans

SUMMARY: On zero interest SMSF loans, the ATO shocked everyone with a nod of approval. Now it has changed its mind. Self-managed super funds have again been tarnished with the “rorters” brush – this time on zero interest loans to their super funds. A private ruling, followed by some public comments, from the ATO in […]