Superannuation - Brisbane

Presenter: Roger Timms - TAI's Head of Tax & Superannuation

Venue: Royal on the Park, Cnr Alice and Albert Streets, Brisbane, QLD 4000
Date: Tuesday 29 May 2012
Time: 9am - 12.30pm
3.5 cpe/cpd hours

The workshop will cover:

• The events of 2011-12
  • an update on the controversial ruling TR 2011/D3 regarding pensions
  • excess contributions
    • new legislation to enable some excess contributions to be withdrawn
    • the fate of requests for an exercise of the Commissioner's discretion to reallocate
  • the new rules for holding personal use assets and collectables
  • the impediments created for members making in-specie contributions
• Superannuation contributions
  • concessional - key interpretations in TR 2010/1
  • maximising non concessional contributions
  • super guarantee obligations - employee or contractor?
  • interaction with the small business CGT concessions
  • adopting reserving strategies in the fund
• Payment of pensions
  • the administrative requirements
  • maximising the tax-free component
  • utilising multiple pension strategies to advantage
• In-house assets
  • understand the meaning of key terms such as 'Part 8 Associate' and 'related party'
  • when can an SMSF acquire units in a closely held unit trust?
  • can such unit trusts enter into borrowing arrangements?
  • will unpaid entitlements owed by a unit trust to an SMSF unit holder result in an in house asset?
• Limited recourse borrowing arrangements
  A full analysis of ruling SMSFR 2011/D1 including:
  • interpretation of the key term ‘single acquirable asset'
  • comparing a repair to an improvement - why does it matter?
  • can a borrowing be refinanced?
  • what issues remain unresolved?
  • the circumstances in which an LRBA may be appropriate (it's not for everybody!).
• AND CASE STUDIES TO HIGHLIGHT KEY ISSUES!