Most of us have heard about the changes to superannuation. However there is a great amount of uncertainty regarding those changes and the impact they will have on individuals. In this article we consider just one potential problem.

The Australian Taxation Office (ATO) has released Practical Compliance Guideline 2016/5 (PCG 2016/5) to assist trustees of self-managed superannuation funds (SMSFs) in structuring limited recourse borrowing arrangements (LRBAs), where the borrowing is provided by a related party.