Published on 08 Oct 05
by VICTORIAN DIVISION, THE TAX INSTITUTE
There has been a watershed of changes in the past 12 or so months impacting superannuation and pensions; particularly SMSFs. There are still some great tax concessions but these are generally only available if the correct strategy is chosen and you comply with the applicable rules. This paper covers:
- the impact of recent changes
- the various types of pensions now on offer including non-commutable pensions
- excess benefits strategies
- comparing taxation outcomes depending on type of benefit taken
- case studies illustrating the flexibility and options available
- ATO compliance targets.
This paper was also presented on 15 October 2005 by Shawn Irvine at the Tasmanian State Convention in St Helens.
Dan is one of Australia's leading SMSF lawyers and has worked predominantly in the SMSF, tax and related fields for over 30 years. He is a regular presenter on SMSF topics and has published extensively in professional journals including contributing a monthly article on SMSFs to the Taxation in Australia and other media. Dan is a member of the ATO's Superannuation Industry Relationship Network (SIRN), the Chair of The Tax Institute's National Superannuation Committee, a member of the Law Institute of Victoria's Tax Committee, and is involved with a number of other tax and SMSF committees. Dan presents on the subject Taxation of Superannuation at the University of Melbourne's Master of Laws/Tax program. Dan is also a CTA and a Specialist SMSF Advisor.
- Current at
23 May 2017