Part 8 of the Superannuation Industry (Supervision) Act 1993 (SISA) provides for business real property held by a SMSF and leased to a related party to be exempt from the ‘in-house’ asset rules. 

SMSFs are able to claim a tax deduction for income derived from assets that support pension benefits. When a fund maintains both pension and member accumulation accounts the trustees can obtain a certificate from an actuary which identifies the percentage of income that can be claimed as tax exempt.