About the webinar
In its 2016 Budget, the Government made major changes to the super contributions and pensions rules. This presentation will explain what the changes are, but more importantly how they will affect super contributions strategies in the future:
- The $500k cap on non-concessionals:
- retrospective effect
- how the cap will work in practice
- strategy for non-concessionals going forward
- CGT Cap – still extant?
- Concessional contributions:
- 1/7/17 start date
- reduction in amount
- tax offset for low income earners
- five year rolling catch up for people with balances under $500k
- abolition of the work test
- new rules on personal contributions
- A review of contributions strategies following the changes
- Case studies on contribution strategies
- Changes to account-based pensions:
- $1.6M pension cap – how will it work in practice – valuation and enforcement issues
- treatment of account balances beyond the cap – withdrawal, lump sum, accumulation phase etc.
- should you segregate under the new rules?
Who should attend
This webinar is suitable for accountants and lawyers advising in superannuation matters – Australia wide. This is an update webinar on recent developments in this area.
Ian Burgess, Partner – Tax, Ernst & Young, Brisbane
Ian Burgess is a Tax Partner of Ernst & Young, Brisbane who specialises in the areas of privately owned business and asset management. He has over 20 years experience providing tax advice and compliance solutions to clients in these sectors and is the Asia Pacific Leader of the firm’s Private Client Services practice.
Ian advises private business owners, executives, professionals and investors on structuring business and investment interests and on wealth accumulation, succession and estate planning strategies. He also advises privates owned businesses on income tax aspects of their domestic and foreign operations and strategies.
Live webinar delegates will receive a CPD certificate for attendance at this webinar. Accountants can claim up to 2 CPD/Training hours. Lawyers can claim up to 2 CPD [CLE] units/points – substantive law. This webinar has been designed to run for 2 hours, however, webinar lengths can vary depending on the level of questions and discussion, and the minimum length of the webinar is 1.5 hours.