
SMSFs and the Age Pension
Subject to satisfying eligibility requirements, self-funded retirees may qualify for Centrelink benefits such as the Age Pension or the Commonwealth Seniors Health Card (CSHC). This
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Key Rates and thresholds for 2021/22 Financial Year
Superannuation contributions and benefits are subject to various rates of taxation often linked to indexed thresholds. Similarly, eligibility for various Government schemes are also linked
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Apportioning SMSF Expenses
Where an SMSF has retirement phase pension accounts and accumulation accounts there may be a need to apportion expenses to determine the deductible component. This
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Unsegregated SMSFs and Actuarial Requirements
As a rule, SMSFs can either use the segregated or unsegregated/proportionate method to determine their Exempt Current Pension income (ECPI). However, there are instances where
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Reversionary Pensions
A member’s estate planning objectives should be taken into account when commencing any new pension. If a member has a pension account with a reversionary
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Retirement Phase Lump Sum Withdrawals
Proper planning should be undertaken and consideration given to how personal withdrawals are treated each year. Depending on your circumstances and available balances, personal withdrawals
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Transfer Balance Account Reporting
Transfer Balance Account Reporting 1. What is Transfer Balance Account Reporting? The 2016 budget announcements introduced three new, inter-related concepts that are now a reality:
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