Super tax changes could drive greater interest in SMSFs
An additional tax rate for balances over $3 million could actually help drive growth in SMSFs, according to a technical expert.
SMSF Adviser keeps the SMSF sector up to date with the latest and breaking news, and is the authoritative source of information for legal, compliance and regulatory updates.
SMSF Adviser’s news caters to all professionals in the SMSF sector, including accountants, financial planners and auditors.
An additional tax rate for balances over $3 million could actually help drive growth in SMSFs, according to a technical expert.
A recent decision by the Supreme Court of Victoria has provided clarity around what services trustees can charge for under section 17B.
According to Ms Levy, it is “non-sensical and stupid” to suggest super funds shouldn’t be able to give members personal advice.
The government should provide CGT relief for those impacted by the $3 million threshold to prevent capital gains being taxed ...
While delaying pensions to access the full transfer balance cap indexation sounds attractive, mathematical modelling shows it’s not always ...
The accounting body has raised concerns about potential distortions that could flow from the proposed $3 million threshold for super ...
The SMSF Association says it will continue to push for an alternative advice model for accountants despite the lack of traction on the issue ...
FPA and AFA are officially progressing with their planned merger.
The Prime Minister has announced that the government will look to reduce superannuation tax concessions for individuals with balances above ...
The government has confirmed it will be moving ahead with the two-year amnesty for legacy pensions, according to the SMSF Association.