SMSFs and investing in cryptocurrency
There has been a lot of media attention recently around cryptocurrency, but how much do you actually know about it? What is cryptocurrency exactly and can my SMSF invest in it?
This webinar will focus on a range of topics in regards to cryptocurrency and whether it is possible for an SMSF to invest in it:
• Cryptocurrency – what is it?
• Tax treatment of cryptocurrencies
• GST and digital currency
• Regulatory issues
• Investment strategy and a fund’s governing rules
• Ownership and separation of assets
• Related-party transactions
• Sole-purpose test
• Pension or benefit payments
Duration: 30 minutes
Presenter: Melissa Harrison, Policy Advisor, SMSF Association