Paid subscriptions and out of pocket expenses for SMSF

Discussion in 'Superannuation' started by aleks, Sep 26, 2011.

  1. aleks

    aleks Well-Known Member Silver Stacker

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    Anyone paying for investor subscriptions through your SMSF?

    Can only pay through a credit card which is a pain so I would have to pay for it out of my own pocket then and get my fund to reimburse me for an expense?

    Australian property investor has a subscription deal at the moment :p

    Can anyone chime in here for refunding money from SMSF an account for out of pocket expenses?
     
  2. millededge

    millededge Active Member

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    one thing lacking in this industry is an SMSF magazine - there is a big market of subscriptions waiting to happen
     
  3. aleks

    aleks Well-Known Member Silver Stacker

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    Anyone?
     
  4. hazy

    hazy Active Member

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    My fund subscribed to Intelligent Investor and it was fine but I paid by direct bank deposit from my fund account. I wouldnt try reimbursing your personal account. You could just consider it an unofficial contribution to your fund. Otherwise email the newsletter and ask about bank deposit, they might find a way to let you give them our money :)
     
  5. nonrecourse

    nonrecourse Well-Known Member

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    Very good advice. Auditors of SMSF's are ano retentive because the ATO is ready to pounce at any excuse

    Kind Regards
    non recourse
     

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