Published on 10 Oct 13
by VICTORIAN DIVISION, THE TAX INSTITUTE
What are the key five strategies that tax advisers must be abreast of for 2013 and beyond? With recent legislative changes, previously adopted strategies may now prove risky for clients and practitioners alike. Advisers must keep ahead of the wave of change to ensure they don’t miss considerable opportunities for,and implement strategies that are detrimental to, their clients. This paper examines:
- what is required to claim contributions for directors inpassive investment entities?
- undertaking property development and improvements in an SMSF is risky business – what is currently on the ATO’s radar?
- recent experiences with limited resource borrowing arrangements (aka SMSF borrowing)
- what’s hot and what’s not with current pension strategies – including the extension of the pension exemption for non-auto reversionary pensions
- some key aspects of the CGT rules and how they impact on super strategies, especially obtaining $1.315M rollover relief under Div 152 and avoiding getting hit up badly with excess contributions tax.
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
David is a Consultant with DBA Lawyers.
- Current at
13 August 2014