- December 10, 2019
- SMSF , Strategies , Taxation
- Comments : 1
Sole Purpose Test: Tax Conditions for Eligibility
Every SMSF has to necessarily meet the sole purpose test to get eligible for tax concessions which are normally available to the super funds. This means that the SMSFs need to maintain for the sole purpose of retirement benefits provided to the members or their dependents if a member dies before ret...