As we start a brand new calendar year, we have high hopes and a positive outlook for what 2021 will present to us. On the SMSF front, there are many issues and expected changes that practitioners will need to be on top of, not just for themselves, but also for their SMSF clients. In our first webinar for 2021 Mark Ellem will look at what changes we can expect, including:
- Your future, your super changes - will these affect SMSFs?
- Bring forward rule for non-concessional contributions - are we there yet?
- Indexation of caps - how will this affect SMSF members
- TBC issues for market linked pensions - what reviews do you need to do?
- Non arm's length expenditure ruling - what will this clarify?
- Increase to maximum members in an SMSF - how will this affect SMSFs?
- SMSF penalties - what will be the ATO's approach?
- 45 day rule for preparing financial statements - gone, but is it forgotten?
- Transferring death benefits to another fund - the paperwork
- Revised Auditor independence rules - are you ready?
- Changes to ECPI - what are the expected changes?
- COVID-19 relief - what still applies?
