SMSFs in 2022 – a year in review

2022 has been a landmark year for SMSFs with both Parliament and the Courts impacting major ticket items such as contribution rules and death benefit nominations. Add to that the rollout of Director IDs, the continued rollout of Superstream (pun most definitely intended), the end of COVID relief for some but not all measures and uncertainty over measures previously announced but never enacted, the result is that 2022 has been a pretty crazy year.

This webinar will take a magnifying glass to all the matters that have impacted our industry in 2022, reflect on the good, bad and indifferent of each of the key matters as well as contemplate what 2023 and beyond might hold. Amongst the key issues that will be discussed will be:

Downsizer contribution eligibility
Age pension & CSHC changes
Work test restrictions for deductible contributions
Non-lapsing binding nominations
COVID and in-house assets
Minimum pension reductions
Residency issues in a holding pattern
Legacy pensions
Corporate trustee considerations

To round things out we will also highlight how the ongoing uncertainty around certain non-arm’s length expenses (NALE) should not divert our attention from the very real application of NALE rules as they exist

Learning Outcomes:

At the end of this webinar, participants will have an appreciation for:

• Contribution eligibility and acceptance rules

• Administrative considerations for SMSF trustees

• How various measures impact SMSF retirees

• The dangers of non-arm’s length dealings in an SMSF

Presenter: Tim Miller

Date: Wednesday 14^th December

Time:12:30pm – 1:30pm AEDT

Accredited CPD Education

SuperGuardian’s education activities are assessed against the SMSF Association’s professional education standards. Being recognised as an SMSF Association Accredited Educator enables us to work closely with the Association in lifting the standards of professional SMSF advice and services through quality SMSF education.

Tim Miller

Education Manager

Tim Miller is one of Australia’s leading SMSF educators and presenters with over 23 years’ experience in the Superannuation industry. His experience has been gained through providing legislative and compliance support to thousands of Trustees, Accountants and Financial Planners since joining the SMSF sector in 1999. In addition to servicing the needs of SMSF clients, his practical and personable approach to compliance has made him a much sought after presenter.

Tim regularly presents at the major SMSF conferences and events, contributes to various trade and general publications and is the author of one of the subjects of the SMSF Association Graduate Certificate delivered through the University of Adelaide and Kaplan, which has also been adopted as part of the CA ANZ SMSF specialist program.

Tim is an SMSF Association Specialist Adviser.