V Borrowings

Warning:

This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Did the SMSF have any outstanding borrowings (where the SMSF is the borrower)?

Write at V the total value of outstanding borrowings by the SMSF (including accrued interest) on 30 June 2015. Include borrowings under a limited recourse borrowing arrangement.

SMSFs are prohibited from borrowing to invest except in certain limited circumstances. For more information see Limited recourse borrowing arrangements by self-managed superannuation funds – questions and answers.