Edition 5
September 2024
Compiled by the SMSF Association’s technical team, this Technical Newsletter provides a snapshot of key SMSF legislative and technical developments which have occurred since May 2024.
It provides commentary and important links to legislative references and SMSF Association submissions.
Features:
- Legacy pension conversions and reserves
- Superannuation on Paid Parental Leave
- SMSF Auditor Outcomes
- Disqualified SMSF Trustees Register
- Australian Prudential Regulation Authority:
Quarterly Superannuation Statistics - Promoter penalty laws
- NALI and CGT: Tax Determination
- ATO income stream ruling
- NALE Bill
- Self-managed superannuation fund independent auditor’s report
- ATO Statistics – SMSF quarterly statistical report
- 2024-25 Federal Budget
- Better targeted superannuation concessions (Division 296 Tax) – Senate Inquiry report
- And more!
The contents of this resource are taken to be correct at the time of publication.
You must be logged in to download.
Disclaimer: Technical Papers contain general advice only and are prepared without taking into account particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to the individual circumstances of your client. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001. © SMSF Association