$0.00 +GST
This training is recommended for:
Upon completion of this training, you will be able to:
This event will be presented live 15/08/2024.
If claiming CPD hours, this course provides 1 Legislated CPD hour, the breakdown is as follows:
Exempt current pension income (ECPI) can be claimed when an SMSF is in retirement phase. This session will explore the rules for how to calculate and claim ECPI, including the assessment of disregarded small fund assets and ECPI choice, and then examine the most common reason for a Fund becoming ineligible to claim ECPI, a failure to meet the minimum pension standards. Using case studies we will demonstrate the implications of this for a fund claiming ECPI, and identify what needs to be done to again be eligible to claim ECPI, especially in light of the updated ruling from the ATO on this matter.
Using the Accurium actuarial certificate and Class administration software we will bring case studies to life to demonstrate how to claim ECPI accurately for a fund through Class, and how to deal with a fund which fails to meet the minimum pension standards, in order to again be eligible to claim ECPI.
Registration includes:
Guest presenter:
Calvin Siew
Technical Compliance Analyst
Class
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