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 Can anyone chime in here for refunding money from SMSF an account for out of pocket expenses?
one thing lacking in this industry is an SMSF magazine - there is a big market of subscriptions waiting to happen
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
Very good advice. Auditors of SMSF's are ano retentive because the ATO is ready to pounce at any excuse Kind Regards non recourse