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SMSF - bank equit test

Discussion in 'Accounting & Tax' started by Ben Murphy, 26th Apr, 2016.

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  1. Ben Murphy

    Ben Murphy Member

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    Hi guys,

    Is anyone able to tell me what banks don't do a bank equity test or is it across the board these days?

    Thanks in advance for any feedback!

    Cheers,

    Ben
     
  2. Tranquilo

    Tranquilo Well-Known Member Premium Member

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    Can't tell you what banks, but I would think you'd be tested for serviceability.
     
  3. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    latrobe dont care too much

    ta

    rolf
     
  4. Redwood

    Redwood Well-Known Member Business Member

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  5. Ben Murphy

    Ben Murphy Member

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  6. Ben Murphy

    Ben Murphy Member

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    Legend. Thanks Ben