SMSFs enjoy reduced tax rates, much like all super funds. In some circumstances, the SMSF may allow you to deduct any interest costs associated with your loan from your taxes. If you do this in compliance with the relevant tax laws and regulations, it might be possible to lower your tax...
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We find that the main drivers of regulatory contraventions are financial stress, the desire to grow wealth and to access concessional tax rates and poor record keeping. How we respond to breaches of superannuation laws or regulations depends on a number of factors including: ...