Join us online for this year’s Superannuation Strategies Seminar!
We will be covering topics including the indexation repercussions, practical implications of divorce, securing your retirement nest egg, unravelling super assets and the latest industry updates.
What happens if a member triggered but doesn’t fully utilise their bring forward Non-Concessional Contribution (NCC) cap, and in the following financial year, they wish to utilise the balance? How much can they contribute? Our experts have the answer.
Gain valuable insights in our upcoming webinar, covering end of financial year superannuation strategies and the fall out from the Federal Budget.
‘Catch up’ contributions were introduced on 1 July 2018, whereby any ‘unused’ contributions in the member’s concessional contributions cap could be caught up and made into their superannuation fund during the following financial years.
What does this mean for your clients?
Changes to the APES 110 Code of Ethics became effective on 1 January 2020 for all Professional Accountants and SMSF Auditors. The new independence standards become compulsory from 1 July 2021.
How does this affect you?
In the absence of a valid death benefit nomination, a trustee can exercise their discretion under the fund’s trust deed on payment of the death benefits to beneficiaries. As a result of this discretion, conflicts may arise where the trustee is also a beneficiary of the deceased.
Following on from the recent announcement of the Transfer Balance Cap increasing on 1 July 2021, contribution caps are also on the rise for the first time since the introduction of Simple Super on 1 July 2017.
What does this mean for your super?
Read our latest blog to learn the upcoming changes to Transfer Balance Cap, effective from 1 July 2021.
TAG Manager Emma Partenza outlines some of the superannuation changes that we can expect in 2021…
