The significant changes from the ‘Fair and Sustainable Superannuation Act 2016’ will come into effect from July 1, 2017. Are you ready?
These super changes are BIG, and for SMSF members impacted, the changes will have a bigger effect than Peter Costello’s 2007 ‘Simpler’ Super changes.
This resource touches on:
5 THINGS TO REVIEW BEFORE 30 JUNE 2017
Removal of the tax exemption on earnings for TRIS pensions
Five other changes that may impact SMSF members
Here is a little insight into what we cover.
Reduction in the non-concessional contributions cap
$1.6 million pension transfer balance cap introduced
Reduction of the concessional (tax deductible) contributions cap
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