Articles by Darin Tyson-Chan

SMSF, Tax

Timing crucial for CGT concessions

SMSF Self-managed superannuation Small business CGT concessions Accurium Mark Ellem

The timing of the administration procedures regarding the small business CGT concessions is critical for contributions made under these rules.

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Contributions, Tax

Acceptance rules key to CGT benefit

SMSF Self-managed superannuation Contribution acceptance rules Capital gains tax small business concessions CGT Accurium Mark Ellem

The contribution acceptance rules will always be the determining factor as to whether a member can use the CGT small business concessions.

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Legislation, Tax

IFPA raises Div 296 protest again

Unrealised capital gains Division 296 tax IFPA Institute of Financial Professionals Australia Total superannuation balance

Strong objections and suggested better approaches to the proposed Division 296 tax have again been communicated to members of parliament by IFPA.

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Financial Planning, Retirement, Superannuation

Life expectancy tables imperfect

Longevity risk Median expectancy tables Median age IFPA

It is not sound practice for advisers to rely almost solely on ABS life expectancy tables to manage a longevity risk due to the data involved.

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Death benefits, Estate Planning

EPOA limits are prudent

Enduring power of attorney Mental Incapacity SMSF Self-managed superannuation Trust deed Binding death benefit nomination Scott Hay-Bartlem Cooper Grace Ward

It is prudent to place limits on any enduring power of attorney regarding an SMSF, particularly when estate planning strategies are involved.

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Legislation, Superannuation, Tax

Coalition will scrap Div 296 tax

Division 296 tax Luke Howarth

It has been confirmed the Division 296 tax will be revoked by the federal opposition should the coalition be returned to power at the next election.

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ETFs, Investments

JP Morgan releases another equity ETF

JP Morgan Exchange traded fund ETF Global Equity Premium Income Complex ETF Andrew Creber

JP Morgan has added a third offering to its equity-based ETFs with the launch of a fund that will provide a consistent income source for investors.

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Pensions, Strategy, Tax

Pension rules impact Div 296 tax

SMSF Self-managed superannuation Reversionary pension DBA Lawyers Bryce Figot Division 296 tax

SMSF members who are death pension recipients can expect to have a reduced Division 296 tax liability if the income stream was non-reversionary.

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Investments, Regulation, SMSF

Sole purpose test is king

Sole purpose test In-house asset rules Related party 5 per cent rule SMSF Self-managed superannuation Knowledge Shop Jason Hurst

Satisfying the sole purpose test outweighs all other compliance considerations when trustees are contemplating an SMSF investment.

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