This training is recommended for accountants, administrators, advisers and auditors working with SMSFs. It is assumed that attendees will have an understanding of the non-arm’s length income (NALI) rules. 

This webinar will unpack the finalised ATO ruling on non-arm’s length expenditure (LCR 2021/2), examining whether the ATO’s final position alters the outcome or approach previously understood by the SMSF industry. We’ll revisit the key concepts, including the impact on contributions (TR 2010/1), highlight what’s changed (if anything), and provide practical guidance on what SMSF trustees and accountants now need to watch for, including how to identify non-arm’s length expenditure issues and what steps to take to ensure ongoing compliance under the new rules.

On completion, participants will be able to: 
- Understand the main features and implications of the finalised ATO ruling on non-arm’s length expenditure (LCR 2021/2). 
- Recognise how the ruling affects the identification and management of non-arm’s length expenditure in SMSFs.
- Develop practical skills to spot and address NALE risks in SMSF operations.
- Advise trustees and clients on compliance steps and record-keeping under the new rules.