Advisers reminded on major consideration with downsizer
Miranda Brownlee
With the eligibility age for downsizer contributions soon dropping to age 60, advisers have been reminded on the impact of this strategy on
With the eligibility age for downsizer contributions soon dropping to age 60, advisers have been reminded on the impact of this strategy on
With the eligibility age for downsizer contributions set to drop in July, CFS has outlined some of the technical issues that can arise when
The SMSF Association has called for the government to simplify the transfer balance cap, with the indexation of the TBC adding significant c
SMSFs dealing with unallocated reserves will need to take into account new administrative steps when managing the allocation along with its
Advisers should start warning SMSF clients about the severe tax ramifications that will apply to contributions where non-arm’s length inco
SMSFs making large benefit payments can face several structural challenges with pensions that can shape the contribution and timing strateg
With a number of the government’s unlegislated measures for super set to apply from 1 July 2022, a technical expert has highlighted some i
The government is making new amendments to address the unintended outcomes affecting recipients of capped defined benefit streams and their
The ATO is seeking consultation on its move to implement a streamlined framework for the transfer balance cap events-based reporting.
With recent changes made to contribution rules along with upcoming legislative changes, various technical windows of opportunities have open
The new recently introduced bill on enhancing superannuation outcomes has provided a further update on how the government will implement its
Whilst pensions can run for many years, the use of partial commutation can work differently with how timing can interact with the rules as i
SMSFs have been warned on the need to ensure careful checks on pre-non-concessional checks as it can inadvertently create flow-on effects on
With major changes to the work test possibly coming next year, advisers will need to be cognisant of the re-evaluation of new sets of contri
With the recent release of draft amendments on how contributions will interact with non-arm’s length provisions, there are concerns that t
When considering the full commutation of a pension for SMSFs, there are several arising pitfalls that shape the technical strategy that will
Whilst good records can enable SMSFs to manage contributions in order, unexpected circumstances and timing changes can cause funds to face a
SMSFs that have made an error in personal contributions will need to ensure they can prepare early to avoid unnecessary impacts on the fund
The uncertainty around restructured market-linked pensions (MLPs) has continued to cause confusion for SMSFs with the SMSF Association recen
SMSFs have been flagged on navigating different traps that can unknowingly unravel planned contribution strategies when facing regulation, w
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