From 1 July 2017, the government will introduce a $1.6 million cap on the total amount that can be transferred into the tax-free retirement phase for account-based pensions. Source: Introducing a transfer balance cap of $1.6 million for pension phase accounts | Australian Taxation Office
What will be the key compliance risks and challenges for SMSF loans this year? Source: Compliance and SMSF loans in 2017 | Accountants Daily
Draft regulations that propose removing the fund-capped contributions rules, if implemented, could open up new strategies for business real property assets and foreign fund rollovers, according to DBA Lawyers. Source: Draft regulations tipped to simplify property transfers
Further information about the requirement for bank account details of SMSFs. Source: Common errors on SMSF annual returns | Australian Taxation Office
The changes to the superannuation system, announced by the Australian Government in the 2016-17 Budget, have now received royal assent. Find out how these changes may affect trustees of self-managed super funds. Source: Super changes for self-managed super funds | Australian Taxation Office
Source: ATO ruling gets the thumbs up from SMSF Association – SMSF Association
LRBA and NALI – Interaction and application of PCG 2016/5 and TD 2016/16. Source: Limited recourse borrowing arrangements and Non arm’s length income | Australian Taxation Office
Source: What’s ahead for SMSFs? | Australian Taxation Office
Source: Be Super Scheme Smart, if in doubt, check it out! | Australian Taxation Office
