In episode 27 of the SMSF Academy podcast, Aaron discusses some of the key changes around the partial commutation of superannuation income streams from 1 July 2017. Previously, partial commutations provided some unique opportunities within SMSFs around the recharacterisation of pension payment into lump sums for income tax purposes – this not only benefited individuals…
In this week’s podcast (episode 26), Aaron discusses some of the challenges confronting practitioners in applying CGT relief using the segregated method, in particular around the decisions of adopting the proportionate method for income tax purposes. Aaron highlights within this podcast the confusion in the fund’s actuarial requirements upon switching to the proportionate method for…
In episode 25 of The SMSF Academy podcast, Aaron Dunn discusses with CEO of Class Limited, Kevin Bungard the release of the SMSF Benchmark Report – September 2017. This report provides key insights to a specific industry feature, benchmark data on SMSF members and investment insights on how SMSFs invest from the more…
The Australian Taxation Office (ATO) has recently finalised the approach for SMSFs to comply with the introduction of reporting various debits and credits against a member’s transfer balance cap. It has been a process of going back and forward with the industry, with the ATO having initially landed on a decision, only to be…
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…
