Notes Online

Welcome to Notes Online.

We offer chapters and articles for individual purchase and we hope you benefit from using our Notes Online.

Disclaimer
These notes are intended to be a guide only. None of the comments contained in these seminar notes are intended to be advice, whether legal, financial or professional. You should not act solely on the basis of the information contained in these notes because many aspects of the material have been generalised and the tax laws apply differently to different people in different circumstances. Further, as tax and related laws change frequently, there may have been changes to the law since the notes were written. Specific advice should always be obtained from a tax professional.

Price

$204.60

Document Type

Chapter

Notes Online Home 2025 Super Schools Day 1 WHAT'S NEW FOR SMSFs AND SUPER

In this chapter of the notes we discuss what's new for SMSFs and Super more specifically:

Identifying when an individual will be liable to pay the Division 296 tax from 1 July 2025
Navigating the indexed $2 million general transfer balance cap from 1 July 2025
NEW ATO ruling signals dangers for SMSF asset transfers with related parties
New rules provide greater access to non-concessional contributions
Tribunal confirms application of five-year ‘catch-up’ concession is NOT optional
NEW developments affecting the payment of death benefits from an SMSF
Changes affecting legacy pensions and allocations from reserves
Increased monetary penalties apply to SMSFs that breach the super rules
Latest guide to the First Home Super Saver (‘FHSS’) scheme for first home buyers
Increased Superannuation Guarantee charge rate applies from 1 July 2025
Government’s proposed ‘Payday Super’ measure from 1 July 2026