The ATO will be contacting some self-managed super fund (SMSF) trustees in November 2016 to participate in a survey about the use of limited recourse borrowing arrangements (LRBA) to acquire assets for their SMSF.

The ATO said the survey is part of research to learn more about SMSFs’ use of LRBAs. It said participation is voluntary and responses will remain anonymous and that the information gathered will not be used for compliance purposes. ATO officers who are running the survey are members of the Australian Market and Social Research Society and are bound by the Society’s strict code of professional behaviour.

The ATO said it will email a sample of SMSFs that reported LRBA assets on their 2015 SMSF annual return to invite them to participate in the survey. The survey will be open until 17 November 2016.

[ATO website – SMSF survey] [LTN 203, 20/10/16]