Understanding NDIS

Over the last decade, you've likely encountered discussions about the National Disability Insurance Scheme (NDIS) operating in Australia. Launched in 2013 by the Gillard Labor government, this government initiative allocates an annual budget of $35.8 billion to support over 500,000 individuals and families grappling with disabilities.

Crucially, the NDIS operates on a participant-led model, emphasising that the focus should revolve around the participant rather than the services. This principle is vital and should not be overlooked, especially in the context of NDIS SMSF property investment.

In the realm of NDIS SMSF property investment, an integral aspect revolves around the Specialist Disability Accommodation (SDA) design standards. These standards delineate essential design requirements for newly constructed SDA housing, offering clarity and guidance to builders.

SDA housing falls into four categories:

1. Improved livability
2. Robust
3. Fully accessible
4. High physical support

Under the SDA Design Standards, builds must instill confidence in providers and ensure compliance by:

• Granting participants access to high-quality housing models
• Providing flexibility to meet participant needs and preferences
• Offering architects, builders, and the community information on constructing disability-friendly housing.

A notable incentive for investing in new NDIS SMSF properties is the favorable tax benefits bestowed upon investors. While non-SMSF properties incur approximately 45% in government taxes, SMSF properties only bear a 15% tax rate.

If you're considering investing your super in a new NDIS SMSF property, reach out to our team today for more information!