<p style="text-align: left;" align="center">In this episode of the SMSF Adviser Show, hosts Keith Ford and Aaron Dunn are joined by Daniel Butler, director of DBA Lawyers, to discuss the state of play regarding non-arm's length expenses and income (NALE/I) as we move into 2024. Mr Butler explains why the legislation continues to be a contentious issue, including where the problems lie, what to expect once it's finalised, and how it will impact the SMSF sector. Listen as they discuss:</p> <ul> <li style="text-align: left;">The state of limbo the SMSF sector has been stuck in for five years.</li> <li style="text-align: left;">How the proposed changes fall short of expectations and do not fully address the complexities and potential unfairness of the current system.</li> <li style="text-align: left;">The way that innocent and inadvertent oversights can result in major penalties for trustees.</li> </ul>

In this episode of the SMSF Adviser Show, hosts Keith Ford and Aaron Dunn are joined by Daniel Butler, director of DBA Lawyers, to discuss the state of play regarding non-arm's length expenses and income (NALE/I) as we move into 2024. Mr Butler explains why the legislation continues to be a contentious issue, including where the problems lie, what to expect once it's finalised, and how it will impact the SMSF sector. Listen as they discuss: The state of limbo the SMSF sector has been stuck in for five years. How the proposed changes fall short of expectations and do not fully address the complexities and potential unfairness of the current system. The way that innocent and inadvertent oversights can result in major penalties for trustees.

<p>In this episode of the SMSF Adviser Show, hosts Keith Ford and Aaron Dunn are joined by Daniel Butler, director of DBA Lawyers, to discuss the state of play regarding non-arm's length expenses and income (NALE/I) as we move into 2024. Mr Butler explains why the legislation continues to be a contentious issue, including where the problems lie, what to expect once it's finalised, and how it will impact the SMSF sector. Listen as they discuss:</p> <ul> <li>The state of limbo the SMSF sector has been stuck in for five years.</li> <li>How the proposed changes fall short of expectations and do not fully address the complexities and potential unfairness of the current system.</li> <li>The way that innocent and inadvertent oversights can result in major penalties for trustees.</li> </ul>

SMSF: 'We deserve clarity': navigating NALE purgatory

The Wealth Management Podcast Network is the gateway to Australia's leading wealth management shows including Relative Return, Relative Return Insider, The IFA Show and The SMSF Adviser Show. Tune in for the latest news, in-depth analysis and exclusive interviews with some of the biggest names in wealth management. 

Relative Return gets you closer to the people, products and strategies shaping Australia's financial services industry. From super funds and investment managers to economists and advisers, Relative Return explores the many moving parts of Australia's wealth management industry. 
 
Relative Return Insider explores the Australian wealth management industry featuring journalists from Momentum Media's wealth management brands, such as Money Management and InvestorDaily, and industry experts on a variety of topics. Episodes cover subjects like economic trends, investment strategies, superannuation, and regulatory changes, offering insights for financial professionals and those interested in the Australian wealth management sector.

The ifa Show is your guide to the stories behind the headlines in financial advice. Join the ifa team as they discuss the latest developments in the advice sector.
 
The SMSF Adviser Show features insights from the leading experts in the SMSF industry and explores the biggest themes shaping the SMSF landscape today. Join us as we dive into the latest headlines and developments in the industry.

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The Wealth Management Podcast Network is the gateway to Australia's leading wealth management shows including Relative Return, Relative Return Insider, The IFA Show and The SMSF Adviser Show. Tune in for the latest news, in-depth analysis and exclusive interviews with some of the biggest names in wealth management. Relative Return gets you closer to the people, products and strategies shaping Australia's financial services industry. From super funds and investment managers to economists and advisers, Relative Return explores the many moving parts of Australia's wealth management industry. Relative Return Insider explores the Australian wealth management industry featuring journalists from Momentum Media's wealth management brands, such as Money Management and InvestorDaily, and industry experts on a variety of topics. Episodes cover subjects like economic trends, investment strategies, superannuation, and regulatory changes, offering insights for financial professionals and those interested in the Australian wealth management sector. The ifa Show is your guide to the stories behind the headlines in financial advice. Join the ifa team as they discuss the latest developments in the advice sector. The SMSF Adviser Show features insights from the leading experts in the SMSF industry and explores the biggest themes shaping the SMSF landscape today. Join us as we dive into the latest headlines and developments in the industry.

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