The Morrison government has vowed there will not be an increase to superannuation taxes should it be returned at next month’s federal election.

SMSFs members looking to pay a division 293 tax from their fund need to be clear as to what part of their benefits will be impacted before making that election.

Tax deductions for a change to an SMSF trust deed are based on the impact on the operation of the fund and so not applied across the board.