Source: Taxation In Australia Journal Article
Published Date: 1 Oct 2013
There have been a number of key legislative and interpretative developments which have a bearing on strategies and practices related to contributing to taxed, complying superannuation funds. This article reviews some of these developments. The primary focus is on recent developments affecting the tax treatment of concessional contributions. The article also covers various significant developments which affect the tax efficiency of non-concessional contributions or which otherwise have a bearing on the level of contributions that a client should make.
The article considers in turn superannuation guarantee changes, reduction of the government co-contribution, the low income earners’ contribution, the concessional contribution cap and the impact on transition to retirement pension strategies, the higher contributions tax for “very high income earners”, recent changes to the treatment of excess concessional contributions, the Commissioner’s discretion to disregard or reallocate excess contributions, identification of unusual contributions, and off-market transfers between related parties and SMSFs.
SMSF regulatory landscape - Recent developments, future trends - Paper 23 Oct 2014
SMSF regulatory landscape - Recent developments, future trends - Presentation 23 Oct 2014
Recent developments affecting contribution strategies and practices - Presentation 29 Aug 2013
Recent developments affecting contribution strategies and practices - Paper 22 Aug 2013
Super contributions & tax developments: The implications - Presentation 27 Jul 2010
Tax reform and superannuation - Presentation 26 Oct 1999
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.