SMSF: Capital vs revenue expenses

http://blog.revolutionadvisors.com.au/smsf-capital-vs-revenue-expenses/

Self-managed super funds (SMSFs) have access to a range of tax deductions for expenses incurred. Whether the expenses are capital in nature or are considered as revenue will affect eligibility for claiming such deductions. The Tax Office considers an expense that is incurred in establishing or making enduring changes to a super fund’s structure or […]