Daniel Butler from DBA Lawyers explains Treasury's recent consultation on the non-arm's length rules and what it means for SMSF professionals. In this episode, Mr Butler discusses in detail how the proposed changes would operate and how the industry has reacted so far. He also highlights some of the issues with the non-arm's length income provisions that were not covered in the consultation and what changes industry bodies would like to see in this area. Lastly, he touches on the potential implications of these proposed provisions for the SMSF administration, accounting, advice and audit processes for funds.