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Federal budget super measures clarified

Contributions, Federal Budget, Income StreamsBy Aaron DunnMay 28, 2021Leave a comment

The Government announced a number of measures in this year’s Federal Budget that were generally positive news for the SMSF sector.  Like many announcements, there is naturally more ‘devil in the detail’ when it comes to these measures being released by Treasury as an exposure draft for consultation. Recently, the SMSF Association has sought clarity…

Government releases exposure draft to provide ECPI choice

Government, Income StreamsBy Aaron DunnMay 28, 20211 Comment

As outlined in our previous blog post, Treasury has finally released for consultation an exposure draft that proposes to effect two changes in respect to the exempt current pension income (ECPI) rules for the 2021-22 financial year: Removing the current unnecessary requirement to obtain an actuarial certificate to determine ECPI where 100% of the fund’s…

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