The $1.6 million transfer balance cap explained

IntroductionThe Department of Treasury on 27 September 2016 released the second tranche of exposure draft legislation and explanatory material in relation to the Federal Government’s proposed superannuation reforms.These materials provide long-awaited detail on the...

How the law of disclaimer is relevant for SMSFs

The recent Administrative Appeals Tribunal decision of Alderton and Commissioner of Taxation [2015] AATA 807 serves as an important reminder on the law of disclaimer, which in turn can have important implications for SMSF succession planning. Although the decision...