Technically Speaking: The Perfect SMSF Storm: Options & Crypto

This issue covers the area of high-risk assets such as derivatives and cryptocurrency.

This edition of Technically Speaking, written by Shelley Banton SSA, SSAud, Head of Education, ASF Audits, covers:

  • Cryptocurrency, derivatives and options – what are they and how to they relate to SMSFs
  • How the Australian Taxation Office views these investments
  • Key compliance requirements including considering of the Sole Purpose Test, Trust Deed, Investment Strategy and more
  • Investment risks
  • And much more…

The contents of this resource are taken to be correct at the time of publication.

Disclaimer: Technically Speaking bulletins contain general advice only and are prepared without taking in to account particular objectives, financial circumstances and needs. The information provided in this bulletin is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to the individual circumstances of your client. While the SMSF Association believes that the information provided in this bulletin is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001. © SMSF Association