Self Managed Super Fund (SMSF)

Clients had an Interest Only Loan on a $1.8m factory and it was about to convert to Principal & Interest. This increased their annual after tax payments by $60k and they could not afford these repayments. We got them to purchase the property from themselves in their SMSF to free up cash flow so they could salary sacrifice $35,000 pa each. They were able to afford the repayments this way and are projected to be over $400,000 better off after ten years.

"Over $400,000 better off after ten years "

Clients taking a Transition to Retirement (TTR) pension from their SMSF were on track to go way over the 10% annual pension payments allowed.

"Stopped our payments so our fund didn’t breach the rules and be subject to significant penalties"

Client transferred Telstra shares into his SMSF and breached the contributions cap. Sabre found the error and got the fund to buy them off him.

"This saved us penalty tax of up to 93%"