In this week’s episode of the SMSF Academy podcast (episode 23), Aaron explores how the introduction of the total superannuation balance definition impacts a range of measures including: the ability to make non-concessional contributions, eligibility for determining a fund’s tax exemption using the segregated method; and the application of the catch up concessional contribution…
DetailsIn episode 22 of The SMSF Academy podcast, Aaron Dunn talks with CEO of Class Limited, Kevin Bungard about the key insights from the recent release of the Class SMSF Benchmark Report – June 2017. They talk in detail about the key issues highlighted from within the quarterly data, including the expected surge in…
DetailsChanges from 1 July 2017 have put a greater spotlight on the requirements of an individual needing to satisfy the condition of release of ‘retirement’ that provides the ability for a member to move their accumulation benefits or transition to retirement income stream (TRIS) into Retirement Phase. In this week’s podcast, Aaron explores the…
DetailsIn this week’s podcast, Aaron looks at the proposed new downsizer contribution rules that were announced in the 2017-18 Federal Budget and are currently before Parliament with a commencement date of 1 July 2018 (once through both Houses of Parliament and has received Royal Assent). Aaron explore the new downsizer contribution rules including: who…
DetailsIn this week’s podcast, Aaron discusses the Australian Taxation Office’s (ATO) change in view in calculating exempt current pension income (ECPI) from 1 July 2017, in particular where a SMSF’s assets are segregated for part of an income year. He explains the implications for practitioners of the ATO’s revised approach in calculating the earnings tax exemption,…
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