Events

Events

29 Sep 20

SMSF Specialist Auditor Accreditation Program

OVERVIEW Participants will examine the requirements of the Australian Auditing Standards and how they should be applied in a SMSF audit. In addition, the practical relationship between the Superannuation Industry (Supervision) Act 1993 (SIS) compliance audit of an SMSF and the Auditing Standards will be analysed. Specifically, the subject covers the auditor’s reporting obligations in […]

  • 2 September 20161 August 2050

SMSF module – SMSF Regulatory Framework

The key to specialising in self-managed superannuation funds (SMSFs) is to understand how legislation interacts and how the various regulators of the superannuation industry interpret the law. While there are many pieces of Commonwealth and state legislation that is relevant to superannuation, two Acts and their associated Regulations, are critical to the ongoing management and […]

  • 2 January 20202 January 2025

SMSF module – Regulating SMSF’s

This module looks at the steps to establish a self-managed superannuation fund (SMSF) as a regulated superannuation fund to become a complying superannuation fund entitled to tax concessions. The module identifies the trustee covenants that all trustees must abide by and are deemed to be incorporated into the governing rules of the fund whether they […]

  • 2 January 20202 January 2025

SMSF module – Contribution Standards

Contributions require a thorough understanding of the Superannuation Industry (Supervision) Regulations 1994 (Cth) (SIS Regulations), and the Income Tax Assessment Act 1997 (Cth) (ITAA 97) and Income Tax Assessment Regulations 1997 as they provide the rules on making and accepting contributions, and determine the taxation treatment, designation and deductibility. This module provides an outline of […]

  • 2 January 20202 January 2025

SMSF module – Investing in an SMSF

Self-managed superannuation fund (SMSF) trustees have ultimate control over the investments of the fund. To protect the investments of the fund, and to avoid ATO penalties and possible legal disputes, its essential the trustee’s investment decisions are made in accordance with the  fund’s trust deed, investment strategy, the sole purpose test and are within the investment […]

  • 2 January 20202 January 2025

SMSF module – Taxing an SMSF

This module explores the taxation obligations of a self-managed superannuation fund (SMSF). It considers the taxation of ordinary income, taxable contributions, the applicable capital gains tax (CGT) provisions, how foreign transfers are treated and other statutory income. This module also identifies income from transactions that are not maintained on an arm’s-length basis and imposes a higher […]

  • 2 January 20202 January 2030

SMSF module – Members’ interest and preservation standards

All superannuation members have an interest in their superannuation fund. For self-managed superannuation fund (SMSF) members, these interests are a single accumulation interest and/or single or multiple pension interests. This module defines an interest is an SMSF and explains the preservation status of a members’ benefit. The module also considers the conditions of release that […]

  • 2 January 20202 January 2030

SMSF module – Pension payment standards and paying a benefit

This module considers the features of a member account and how a member can access their money. It discusses how money can be taken either as a superannuation lump sum or as a pension and how both lump sum and pension payments are proportioned between taxable and tax-free components. This module also reviews previous types […]

  • 2 January 20202 January 2030

SMSF module – Taxing superannuation payments

This module provides the final overlay of taxation on benefit payments. Having identified the components of a member’s interest, the proportioning that applies to benefit payments and the types of benefits that can be paid, the final step is to determine how much tax is to be paid on those benefits. The module also considers […]

  • 2 January 20202 January 2030

SMSF module – SMSF Controls – planning for life

This module provides the relevant references to paying benefits from a self-managed superannuation fund (SMSF) in the event of the death of a member. It revisits the trustee requirements on death, the benefit payment options and references relevant taxation considerations. This module also investigates the ways in which a member can direct the trustees of […]

  • 2 January 20202 January 2030

NC2020 – C6A – SMSF Residency Issues

This recording was presented at the SMSF Association National Conference 2020 on the Gold Coast by Jemma Sanderson, Director, Cooper Partners Financial Services. OVERVIEW SMSFs are a popular structure when considered in light of the Australian superannuation provisions. It is these provisions that can cause issues for SMSF members however when their own residency and […]

  • 29 February 20201 March 2021

NC2020 – P3 – The contribution strategy landscape in 2020

This recording was presented at the SMSF Association National Conference 2020 on the Gold Coast by Meg Heffron, Managing Director, Heffron. OVERVIEW 2019/20 sees the beginning of a number of new contribution rules – catch up contributions, work test exempt contributions and more. In this session Meg will look at the strategic opportunities these and […]

  • 29 February 20201 March 2021