2021-22 Federal Budget Update

The 2021/22 Federal Budget has been delivered and it’s reasonable to say that SMSFs have fared well, albeit there is a lot of time and a likely Federal Election between now and the assumed commencement date for some of the measures, so anything is possible.  As it stands, if passed, most of the measures will take effect from 1 July 2022.

In this Federal Budget Bulletin we will highlight the key superannuation announcements including two measures specifically targeted at SMSFs and Small APRA funds.  Importantly we will compare the announcements with the current state of play to ensure everyone is on the same page with what can and cannot be done at this point in time.

To read this news in its entirety download the PDF version here.

Related Posts

SMSF Residency

SMSF’s must be ‘complying’ to ensure they attract the tax concessions they are known for. An SMSF’s complying status relies

AFSL 485643
Copyright © 2019 – 2020 SuperGuardian Pty Ltd ABN 57 113 986 968
Liability limited by a scheme approved under Professional Standards Legislation

Disclaimer: Any information that is financial product advice is provided by SuperGuardian Pty Ltd (AFSL No. 485643 ). The advice provided is general in nature and is not personal financial product advice. The advice provided has been prepared without taking into account your objectives, financial situation or needs and because of this you should, before acting on it, consider the appropriateness of it having regard to your objectives, financial situation and needs. You should carefully read and consider any product disclosure statement that is relevant to any financial product that has been discussed before making any decision about whether to acquire the financial product. Please refer to SuperGuardian FSG https://www.superguardian.com.au/pdfs/Financial-Services-Guide.pdf for contact information.

By accessing and/or using information at or through this site each user waives and releases SuperGuardian to the full extent permitted by law from any and all claims relating to the usage of the material made available through the website. In no event shall SuperGuardian be liable for any incident or consequential damages resulting from use of the material.