Death and Transfer Balance Caps

by Mark Phillips We often receive queries from our network in relation to their SMSF clients, and some of these form the basis of our Monday articles. Recently we were asked about the treatment of death benefits in an SMSF where a husband...
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NALE is to NALI

by Abra Chowdhury After June 2021 the transitional compliance approach period for Non-Arm’s Length Expenditure (NALE) will come to an end. It is an appropriate time for a final assessment of whether all expenses are on an arm's length...
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How will indexation of the TBC impact your client?

by Alex PolorotoffThe ATO recently announced the indexation of the General Transfer Balance Cap (TBC) to $1.7 million which will occur on 1 July 2021. As the ATO indicated, the difficulty for practitioners will be that “once...
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Account Based Pensions are simple, right?

by Duc HongAccount Based Pensions can provide a regular income stream once a member satisfies a condition of release. If the member is over age 65, or has reached their preservation age and retired, the income stream will be treated...
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Strategies with In-Specie Contributions

by Abra Chowdhury In-specie super contributions within an SMSF can be a compelling strategy to increase retirement benefits and in some cases manage personal tax liabilities.  Assets that can be transferred include ASX listed shares...
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