90% increase in SMSF accumulation assets post Transfer Balance Cap

The Transfer Balance Cap has seen a dramatic change in the tax status of SMSF assets, Class Ltd has found.

The introduction of the Transfer Balance Cap – which limits the amount that can be held in pension/retirement phase –

SMSFs need to rethink estate planning in light of Transfer Balance Cap

Many SMSFs and their advisers are “blissfully ignorant” of the implications of the Transfer Balance Cap upon death, and need to rethink their estate planning, says the SMSF Association.

SMSF Association Head of Technical Peter Hogan said that SMSF members

Changes to SMSF LRBAs top BT Advice list of queries

Changes to SMSF Limited Recourse Borrowing Arrangements (LRBAs) has topped the list of adviser queries for the June quarter, according to BT.

Changes were made to include LRBAs in the calculation of the Transfer Balance Cap, with further legislation

ATO finalises Transfer Balance Cap & TRIS transitional CGT guidelines

The ATO has finalised, previously draft, guidance on how the transitional CGT relief for superannuation funds works for the Transfer Balance Cap and Transition to Retirement Income Streams.

LCG 2016/8 Superannuation reform: transfer balance cap and transition-to-retirement reforms: transitional CGT

ATO consults on Transfer Balance Cap, transitional CGT relief guidelines

The ATO is consulting publicly on two Law Companion Guidelines for recent changes to superannuation – the Transfer Balance Cap and transitional CGT relief for superannuation funds around the Transfer Balance Cap and the changes to the income tax exemption