Rebates for SMSFs

Hello Tony,

We purchased a rental property in our SMSF about 18 months ago.

Earlier this year the SMSF had a 4.2 KW solar system installed at the property.

My question is whether any of the investment allowances and rebates that are applicable for businesses, are available to SMSF for such an investment. Specifically I was wondering whether the $6,500 small business investment allowance was in anyway applicable for SMSFs.

A: You need to be running a small business. If your SMSF owns 1 property or even 2 then its unlikely they’ll be deemed to be running a business.


Here are some rules to help you determine this.


Regards,

Tony Negline



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