Unlocking SMSF opportunities with Business Real Property

This session will unpack key tests, including business use requirements, exceptions for primary production, and practical tips for navigating the rules. Join us to simplify this complex area for your clients! 

Discover how the 'Business Real Property' definition enables property transfers to SMSFs.

Is it possible to transfer property from a member or related party to an SMSF? The answer often depends on whether the property qualifies as 'Business Real Property.'

In this webinar, we will delve into:

  • The ‘wholly and exclusively used in business’ test and how to determine if a property qualifies.
  • Impacts of non-business use on meeting the definition of Business Real Property.
  • Special considerations for primary production property and when the exception applies.

Equip yourself with the knowledge to confidently navigate these complex rules and provide clear advice to your clients. Don’t miss this opportunity to deepen your understanding of Business Real Property and its role in SMSF strategies. 

Date & Details

Wednesday, 12 February 2025

Time
2:00pm - 3:15pm AEDT
1:30pm SA
1:00pm QLD
12:30pm NT
11:00am WA

What we cover

On completion, participants will be able to:
  • Identify when an SMSF purchase a property from a related party
  • Understand how the exemption for primary producers applies to the business real property definition
  • Identify common issues we see with the application of the business real property definition

Determine whether the wholly and exclusively threshold is met.

Natalie Scott

Superannuation Adviser, Knowledge Shop

Natalie has spent well over a decade immersed in the intricacies of how SMSFs operate, navigating an increasingly complex legislative and regulatory environment, and managing the issues that arise servicing client needs (and wants!).

She has led the SMSF divisions of mid and second tier firms and understands SMSFs from the ground up – accounting, tax, structuring and advice. At Knowledge Shop, Natalie is an advisers’ adviser, helping the profession clarify the practical requirements and opportunities of SMSFs. She brings this knowledge to her presentations and explores the issues in a very practical way – knowledge that is immediately transferable in practice.

Natalie is a Chartered Accountant and a specialist member of the SMSF Association.

Webinar

Unlocking SMSF opportunities with Business Real Property

12 February 2025 - 12 February 2025

Webinar

$176