In our wrap-up blog post, ‘how SMSFs fared in the Federal Budget 2021‘ we explored the various measures announced by the Federal Treasurer that impact superannuation and SMSFs. As a follow-up, Smarter SMSF hosted a webinar on these proposed budget measures on Friday, 14 May 2021. You can watch the recording of this session below:…
We have seen Treasury release for consultation, the ‘Modernising Business Registers (MBR) Program’ on 12 March 2021, which will unify the Australian Business Register (ABR) and 31 business registers administered by the Australian Securities and Investments Commission (ASIC) onto a single platform. This platform will be administered by the Commonwealth Registrar (the Registrar) under legislation…
In mid-February 2021, we saw the Treasurer, Josh Frydenberg announce an extension to the temporary relief measure relating to virtual AGMs and the signing & sending electronic documents. This Determination authorised by statute, currently provided relief until 21 March 2021 – the extension intended to grant relief through to 15 September 2021, providing the Government…
It was great to kick-off our training for 2021, with CEO, Aaron Dunn sharing his top 5 key insights that practitioners need to be turning their heads to throughout 2021. After a tumultuous 2020, there remains a number of unresolved technical items impacting the SMSF sector, in addition to a number of areas of significant…
As part of the Government’s Mid Year Economic & Fiscal Outlook (MYEFO) released in December 2020, we have seen a proposed measure announced to amend the law to enable market linked pensions and defined benefit pensions to undertake a partial commutation of amounts in excess of the member’s transfer balance cap. https://budget.gov.au/2020-21/content/myefo/download/myefo-2020-21.pdf (refer to page…
