• V Borrowings

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

    No

    Leave V blank. Go to W.

    Yes

    Read on.

    Write at V the total value of outstanding borrowings by the SMSF (including accrued interest) on 30 June 2016. 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.

    Last modified: 12 Aug 2016QC 48236