Some house keeping to alert you all to number of changes for SMSFs which apply for the 2012-2013 year. The most important to note are: Section A: Item 6 has been changed from Fund Auditor to SMSF Auditor. An SMSF Auditor […]
On the 5th of April, the Minister for Financial Services and Superannuation – Mr Bill Shorten, issued a joint media release covering the Governments plans to Tax Earnings on Superannuation Assets which Support Income Streams. The Release is set out […]
The Treasury has released draft legislation into the taxation of superannuation fund assets upon the death of a member. Under the current legislation, investment earnings derived by a self-managed superannuation fund (SMSF) from assets supporting pensions are exempt from tax. […]
