SMSF News and Strategies Podcast Show · Chris Reed: Certified Practicing Accountant (CPA), FPS and SMSF Specialist Advisor, Director of Business Concepts Group

SMSF NS120 – The new NALE laws, end of financial year accounts preparation, and strategy adjustments for 2025

·16 min·1 clip

Sarah Powell reveals that a single NALE breach can taint an SMSF asset forever, taxing all future income and gains at 45%.

Hosts Chris Reid and Sarah Powell guide SMSF trustees through critical year-end tasks like asset valuations and document gathering. They then deliver an urgent breakdown of the newly passed Non-Arms Length Expenditure (NALE) laws, explaining the severe penalties—including permanent asset tainting and 45% tax rates—for underpaying expenses. The episode concludes with strategy adjustments for the new financial year, covering updated contribution caps and pension documentation.

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