What topics are likely to shape the SMSF sector in the coming year? How are these likely to impact our SMSF clients? and what action should we be looking to take? These are all questions for practitioners working with SMSF clients in 2023… In one of our most popular webinars each year, leading SMSF…
Up until 30 June 2022, a person a person aged 67 – 74 years can only make or receive voluntary contributions (both concessional and non-concessional) into their super fund if they met the work test – that is, they must have been gainfully employed (i.e. worked) for at least 40 hours over a 30 day…
The registering of Treasury Laws Amendment (Enhancing Superannuation Outcomes) Regulations 2022 has provided the final piece to the contributions puzzle that will start from 1 July 2022. The budget measures announced a range of contribution changes, with the greatest interest arguably in the removal of the ‘work test’ for voluntary contributions from subregulation 7.01(3). Whilst removed…
As we inch closer to this year’s federal election, there was always a sense of urgency around the finalisation of key superannuation measures announced in the 2021/22 federal budget. With a limited number of sitting days available, we have seen the Treasury Laws Amendment (Enhancing Superannuation Outcomes For Australians and Helping Australian Businesses Invest) Bill…
The 2022 year is shaping as an interesting one, with a federal election ahead (May 2022) playing an important part of the future superannuation landscape. Whilst much of the focus will be on whether a new government is formed, there are plenty of opportunities ahead with the SMSF sector. To understand some of these opportunities,…
