SMSF Gearing - Eform
SMSF Gearing requires expert attention to detail. TOWNSENDS BUSINESS & CORPORATE LAWYERS can provide you with all the necessary advice and documentation you need to improve the borrowing capacity of your clients' super funds through SMSF Gearing strategies. You select only the gearing services you require and instantly calculate the price.
You may also choose any one or more of the following services through the SMSF Gearing Online Order form:
Concessional Duty Applications for Related Party Property Transfers
Residents of NSW, Western Australia and Victoria have the opportunity to transfer business real property they hold in their personal name into their self managed super fund and pay little or no state duty on the transfer. Some States require the fund to purchase the property, which it can do by borrowing if it wishes. In NSW it can be purchased by the fund (with or without a loan) or transferred as an in-specie contribution or partly purchased and partly contributed.
All the important records evidencing the fund's decision and its directions to the Holding Trustee to lease the property and secure the investment return.
Agreements and security documents for all parties to a related party loan plus implementation, including registration with state land titles registers.
New Company Establishment
Set up a new Company for the Holding Trustee or the SMSF.
A new set of documents for a new loan permitted by the legislation, but subject to ATO conditions to seek advice.
SMSF establishment or conversion to the SUPERCentral Deed
Advice and documents required for the unwinding of the loan and transferring the property to the super fund.
To order any of the above products, please click here.
To view our SMSF Gearing brochure, please click here.
SMSF Acquiring Property With Stamp Duty Concession
The following States offer concessional duty on transfers of business real property from a member into their SMSF: NSW (s62A), WA (s122), and VIC (s41). Transfers of property (owned in the personal name/s of members of a super fund) into the fund will attract only nominal duty provided that each member’s interest in the property is quarantined strictly only for the benefit of that member inside the fund and all other requirements of the relevant Duties Act are met.
For more information or to order this e-Form please click here.
SMSF Gearing Unwinding Eform
Once a super fund's limited recourse loan is repaid the fund's interest in the bare (holding) trust becomes a non-exceptional in-house asset. Assuming that it is not possible for the fund to retain an interest in the bare trust under the in-house asset rules, it will be necessary to wind up the bare trust as quickly as possible.
For more information and a list of SMSF Gearing Unwinding services or an Instruction Sheet to order an SMSF Gearing Unwinding please click here.
Two Indispensable E-Guides To SMSF Borrowing
The Guide to SMSF Borrowing provides accountants and financial planners with an indispensible roadmap that clearly outlines the fundamental principles of an SMSF Gearing. The Guides are updated regularly to reflect changes in law, regulations, Tax Office Guidelines or SMSF Gearing practice so that you can be sure that your e-Guide is always up-to-date.
- Guide to SMSF Borrowing Volume I - The Every Day Workbook (Basic Issues) $77.00
- Guide to SMSF Borrowing Volume II - The Problem Solver (Advanced Issues) $99.00
- Guide to SMSF Borrowing Full Set Volumes I & II $132.00
Pricing includes 1st year annual update fee of $44.00
For more information on the subjects covered in the electronic Guides to SMSF Borrowing please click here.
To view our SMSF Gearing Handbook brochure please click here.