Due to the December CPI figure released, the General Transfer Balance Cap will increase to $1.9m from 1 July 2023. Meg Heffron talks about the potential impact this may have for individuals commencing retirement phase pensions in this blog article. https://t.co/Hxc9I4S8DX
Directors: The deadline to apply for director ID is 5 days away! ⏱️ Yet to apply? Get started now to allow time to gather your documents & set up #myGovID (if you haven’t already).
For info & to apply: https://t.co/UbGNj0gqjb
Over 1.3m directors now have a Director ID! Are you one of them? If not, you’ve got until 30 November to sign up. Apply today @ https://t.co/gJXoeQsN72 #directorID#abrs
First day of the 2022 SMSF Association National Conference. As always the technical content is of the highest quality and the speakers are knowledgeable and engaging. Wishing I was there in person in Adelaide, but I appreciate the option to attend virtually.
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Grew up in the 70s admiring the way Bobby Fulton played. Every youngster wanted to play #RugbyLeague like he did. That step, swerve, explosive speed off the mark – he was so good. Gone but not forgotten. What stories he & his late mate Tommy Raudonikis will be sharing right now!
The Federal #Budget2021 contained some welcome #SMSF announcements, which the SMSF Association advocated for including:
✔️Repealing the work test for voluntary contributions
✔️Relaxing residency requirements for SMSFs
✔️Legacy retirement product conversions