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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This year we reached an important milestone with the SMSF Day events, celebrating 10 years of this full day technical CPD event. When I reflect on this period, I look back fondly with the growth that it’s achieved, now firmly entrenched as an SMSF event that people attend each year in their professional development…
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If you’ve been tracking the evolving world of legacy retirement products and their interaction with social security assessments, a key piece of the puzzle has just landed—the Social Security (Waiver of Debts – Legacy Product Conversions) Specification 2025. Released on 28 March 2025, this legislative instrument seeks to resolve an otherwise awkward policy conflict that…
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