What is a Limited Recourse Borrowing Arrangement?
A limited recourse borrowing arrangement is a strategy used by self-managed superannuation funds (SMSF) to borrow funds from a third party lender and invest in a single asset, such as a residential or commercial property.
Salary Sacrifice & Super
Salary sacrifice is a strategy used to divert money before income tax has been paid or withheld. It is commonly used in a superannuation accumulation strategy to direct money straight from an employer to an employee’s superannuation fund.
What are Super Non-Concessional Contributions?
Non-concessional contributions are contributions made to superannuation after tax. Since non-concessional contributions are made after income tax has been withheld or paid by the employer, typically, there is no tax paid when the money goes into the super fund.