Super Changes to Become Law

Sep 20, 2016 | Personal Wealth, SMSF

Following from last month’s newsletter article we have obtained further information in relation to aspects of the superannuation changes that will come into effect from 1 July 2017. These clarification points relate to the government’s legislated CGT transition relief provisions for those coming out of pension phase due to these changes. We believe the transitional relief is even more complex than they could have been, however there will be some advantages for funds under these rules.

We are now in the process of meeting self managed super fund clients that require advice in relation to these changes. We will be in contact with those affected clients very soon to organize a meeting prior to 30 June 2017.

If you have questions or require immediate assistance , please do not hesitate to contact Matthew Grapsas, Cathy Walley or myself on 5221 6111.

Simon Flowers

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