Claiming ECPI in the 2019-20 annual return | Accurium

With 2019-20 now behind us we turn our mind to how a fund can claim exempt current pension income (ECPI) in the 2019-20 annual return. This session will revisit the rules around ECPI and the impact on dealing with capital gains and how the fund claims deductions for fund expenses. We will also discuss strategies the SMSF could utilise to maximise ECPI in the 2020-21 year ahead.

Learning outcomes:

  • Identify if a fund has disregarded small fund assets 
  • Understand how different types of fund must claim ECPI
  • Understand how ECPI impacts how a fund can claim a deduction on general fund expenses 

Disclaimer

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is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current.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.