Me and my wife want to start SMSF and buy a business. My question is, is my wife allowed to run the business and pay herself a wage in doing so?
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While the law does not expressly prevent a SMSF from owning a business, the rules on
member-related transactions make it so difficult that it is nearly impossible.
Best to get proper advice from a SMSF specialist adviser before you do anything.
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While the law does not expressly prevent a SMSF from owning a business, the rules on
member-related transactions make it so difficult that it is nearly impossible.
Best to get proper advice from a SMSF specialist adviser before you do anything.
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