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Alternatives to the $3m super tax
In this episode of the SMSF Adviser Show, hosts Keith Ford and Aaron Dunn are joined by Peter Burgess, chief executive officer at the SMSF Association, to break down the regulatory landscape for SMSFs.
Mr Burgess explains the SMSF Association’s position on division 296 – the government’s proposed $3 million super tax – including where the major issues lie as well as alternative methods if the government moves ahead with the reforms.
Listen as they discuss:
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- Suggestions to avoid taxation of unrealised gains.
- Lobbying efforts from the SMSF Association to attempt to change or block parts of the legislation.
- The government’s first draft legislation from the Quality of Advice Review.
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