Top Navigation

SMSF Newsfeed

Used contributions reserving? New ATO materials impact you

Used contributions reserving? New ATO materials impact you!

Ever since TD 2013/22 and ATO ID 2012/16 many have considered contribution reserving to be a ‘lay down misere’. However, there are various possible difficulties practitioners must be aware of. The ATO has recently addressed one of these difficulties by releasing the new ATO form ‘Request to adjust concessional contributions’ (NAT 74851). This form notifies [read more]

Changes to terminal medical condition

Changes to terminal medical condition

There have been recent changes to the definition of terminal medical condition. This affects both super and tax law. In short, it provides more flexibility to those are going to die shortly. Background Before 2008, having a terminal medical condition was not a condition of release. Under the early release provisions that existed before then, [read more]

More news stories