Pending NALE changes place SMSFs at risk.

The article focuses on pending changes to Non-Arm's Length Expenditure (NALE) rules in Australia's Self-Managed Superannuation Fund (SMSF) sector, highlighting the risks faced by SMSF trustees due to the current provisions and proposed amendments. It discusses the controversy surrounding NALE provisions, the potential impacts on superannuation funds, and the need for flexibility in rectifying inadvertent oversights to prevent substantial tax liabilities.