ATO flags changes to TBAR reporting
New rules are in effect that will see changes for accountants managing super fund lodgement.
Source: accountantsdaily.com.au
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Emerging strategy with certain legacy pensions
Recent regulations introduced aimed at addressing the perpetual excess transfer balance issue for certain legacy pensions may provide a new strategic opportunity. In this article we detail the prelim
Source: smsfadviser.com
BT unpacks commutation income stream changes
The Government has reconfirmed their previously-stated commitment to adjust legislation to provide for the ability to commute certain non-commutable income streams, but only in the case of excess transfer.
Source: superreview.com.au
Government registers regulations to fix legacy pension headache
The government has now registered regulations to address a significant issue with excess transfer balance amounts for certain non-commutable pensions. Minister for Superannuation, Financial Services a
Source: smsfadviser.com