Category: SMSF Association Media Release

December Transfer Balance Cap Deadline Looms

SMSF trustees need to ensure that their funds comply with the Transfer Balance Cap (TBC) rules before the transitional period runs out on 31 December. The SMSF Association is recommending […]

SMSF Association endorses ATO’s Super Scheme Smart

The SMSF Association today confirmed its full support for the Super Scheme Smart material launched by the Australian Tax Office (ATO).  With 45 per cent of SMSF members aged 50 […]

ATO gets thumbs up for reducing burden of SMSF event-based reporting

The SMSF Association welcomes the news that the Australian Taxation Office (ATO) has followed several of its suggestions to reduce the compliance burden of transfer balance cap (TBC) event reporting […]

Super changes require rethink on estate planning

Members of self-managed super funds (SMSFs) should seek specialist advice on the possible impact of receiving a pension on the death of their spouse, says SMSF Association Head of Technical […]

SMSF members benefit from voluntary super contributions

The ability for all Australians to make tax-deductible voluntary superannuation contributions is benefiting many self-managed super fund (SMSF) members, says SMSF Association CEO John Maroney. “The opening up of voluntary […]

SMSF trustees need to move quickly to apply for CGT relief

The clock is ticking for self-managed super fund (SMSF) trustees who want to apply for Capital Gains Tax (CGT) relief under transitional provisions that began on 1 July 2017, says […]

Choice of fund ‘fundamental’ to super system

The fundamental right of all employees to have the ability to choose their own superannuation fund should be an integral part of the retirement savings system, SMSF Association CEO John […]

SMSF Association 2018 National Conference to take delegates ‘beyond the expected’

The SMSF Association National Conference will be held in Sydney from 14-16 February 2018, with a record number of delegates expected to attend. SMSF Association CEO John Maroney says next […]

One in five tax (financial) advisers may lose their TPB registration and put their business at risk

Around one in five tax (financial) advisers may not know their Tax Practitioners Board (TPB) registration is about to expire on 31 October and that they will no longer be […]

Softly softly approach to introduction of TBAR urged

The SMSF Association is urging the Australian Taxation Office (ATO) to adopt a practical approach to the introduction of the Transfer Balance Account Report (TBAR) to give SMSF trustees more […]