Taking full advantage of contributions and rollovers | Accurium

Technical article
For SMSFs with members in pension and accumulation phase it is important to understand how contributions and rollovers affect the fund’s exempt current pension income (ECPI) claimed in the SMSF annual return. For example, when a member of an SMSF is entirely in pension phase and receives a contribution, these assets do not add to the pension interest. This article discusses how contributions affect the tax exempt percentage of the fund and some strategies to think about in order to maximise the ECPI claimed.

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This information is provided by Accurium Pty Limited ABN 13 009 492 219 (Accurium). It is factual information only and is not intended to be financial product advice, legal advice or tax advice, and should not be relied upon as such. The information is general in nature and may omit detail that could be significant to your particular circumstances. The information is provided in good faith and derived from sources believed to be accurate and current at the date of publication. While all care has been taken to ensure the information is correct at the time of publishing, superannuation and tax legislation can change from time to time and Accurium is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current. We recommend that you seek appropriate professional advice before making any financial decisions.