The landscape for high-balance SMSFs shifted significantly on 13 March 2026, when the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Act 2026 received Royal Assent. While the broad headlines focus on the 15% tax on balances over $3 million, the “devil in the detail” lies within the recently released exposure draft regulations—specifically,…
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The Government’s Better Targeted Superannuation Concessions package (Division 296 tax) has this week been introduced to Parliament via the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026. With a consultation period opening on 19 December through to 16 January, it’s fair to say that many in the industry had better things…
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In a move that reshapes the taxation of large superannuation balances, the Government has announced revisions to the Division 296 tax framework—known as the Better Targeted Superannuation Concessions (BTSC), this revised policy abandons the controversial unrealised earnings approach in favour of a realised income approach aligned with standard income tax principles. For SMSF professionals and…
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On 1 July each year, the Smarter SMSF team implements a range of changes across the platform, including order forms and generated documents. Whilst it might not look like much from the outside, these changes are crucial to ensure that your orders remain current and up-to-date with the ever-changing super and tax laws. The following…
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Please note that the ASIC fees for a company incorporation have increased by $14 from 1 July 2025 (CPI). Company Fees 2024-25 From 1 July 2025 Application for registration as an Australian Company (proprietary company that has share capital) $597 $611 As a result the company incorporation fees for orders on the Smarter SMSF…
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