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An SMSF has three members: Alan, Bruce and Charlene. The percentage of the funds assets that is owed to each is as follows: Alan: 30%

An SMSF has three members: Alan, Bruce and Charlene. The percentage of the funds assets that is owed to each is as follows:

Alan: 30%

Bruce: 40%

Charlene: 30%

For the 2019-20 year, for tax purposes, Alan and Bruce were non-residents, whereas Charlene was a resident. Also, for the 2019-20 year, Alan made no contributions to the account, whereas Bruce and Charlene both made contributions to their accounts.

For the 2019-20 year, discuss whether the active member test under s. 295-95 of the Income Tax Assessment Act 1997 been passed.

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