Changes to Superannuation 2015

Month-by-month tracking of changes to superannuation and SMSFs, for the 2015 calendar year.

Changes to Superannuation: September 2015

Changes to Superannuation September 2015Changes to Superannuation in September 2015 included passage of legislation providing for look-through treatment of SMSF LRBAs, a increase to the threshold above which lost super is transferred to the ATO and the introduction of a bill to change superannuation fund governance. The PM and Cabinet also changed, though it is unclear at this stage what implications this will have, if any, for superannuation policy.

Read More »Changes to Superannuation: September 2015

Changes to Superannuation: June 2015

Changes to Superannuation June 2015The Government made several changes to superannuation in June, with the last sitting days of Parliament before the winter break, including draft legislation for changes to super fund governance, changes to the Standard Choice Form requirements and the Small Business Superannuation Clearing House.

The Age Pension changes also passed the Parliament, following a deal between the Government and the Greens. The Greens claimed they had extracted a review of retirement incomes, but it only appears to be a six week extension to the date for submissions in response to the Tax Discussion Paper.

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Changes to Superannuation: January 2015

Changes to Superannuation: October 2014For a month without Parliament sitting and many people enjoying holidays January was surprisingly eventful for superannuation and SMSFs.

New changes to superannuation

The Board of Taxation released a report into ways to reduce the compliance burden on small business, and recommended changes to the superannuation guarantee and SGC. However it is unclear if the Government intends to implement these changes.

Read More »Changes to Superannuation: January 2015