ECPI: how to get it right and what can go wrong

Recorded live 15 Aug 2024

$0.00 +GST

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:

  • 1 hour live online event with opportunity to ask questions of the presenter
  • Slides
  • Recording and materials available to access for 3 months after the event 
  • SMSF Association accredited CPD certificate for 1 hour

 

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Guest presenter:
Calvin Siew
Technical Compliance Analyst
Class

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Presented by

Matthew Richardson
SMSF Manager
Accurium
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