This on-demand session is available to watch instantly after purchase at the time of your choosing and will expire within 12 Months of purchase.
Date recorded: March 2023
This Series of four CPD Online sessions with Shirley Schaefer will provide an introduction or refresher on SMSFs, accounting for SMSFs and the basics of SIS compliance and trustee obligations.
The SMSF Rules are constantly changing, so now is the time to refresh your SMSF knowledge and make sure you are across the all things Super for your clients. Can monies still be contributed, how does the Transfer Balance Cap work, what pensions can be drawn, what are the tax changes & what are the new reporting requirements?
At the completion of the Series, participants will have an understanding of the requirements for SMSF accounting.
Topics:
Session 1 - SMSF Establishment:
- Setting up a SMSF
- SMSF Trustee Obligations
- SMSF Investment Rules – what can you do?
- Common SIS contraventions
Session 2 - SMSF Contributions:
- Total Super balance – why is it important
- The contribution restrictions & taxation
Session 3 - SMSFs Benefits & Transfer Balance Cap:
- How does the Transfer Balance Cap work?
- Member balances & payment of benefits
Session 4 - SMSFs & the ATO:
- SMSF Reporting Obligations
- Income Tax issues – ECPI & NALI
- When things go wrong – the ATO’s response
Testimonial: "Shirley's hands-on approach & speaking from real-life experiences worked well."
This event is only available as a four-part series, and will not be sold as single sessions.
All sessions will be made available as Recordings.
The Series will run on the Webinar.net platform.
