by Philippa Briglia | Feb 16, 2018 | Blog
We briefly examine below the treatment of an MLP depending on whether the pension was in place before or commenced on or after 1 July 2017.MLPs in place just before 1 July 2017MLPs that meet the standards of reg 1.06(8) of the Superannuation Industry (Supervision)...
by Philippa Briglia | Nov 24, 2017 | Blog
Sunraysia was an appeal from a taxation objection decision of the Administrative Appeals Tribunal (‘AAT’) to the Federal Court. The court held that the AAT correctly applied the case law regarding ‘sham’ arrangements, and the appeal was dismissed.Background For a...
by Philippa Briglia | Jul 21, 2017 | Blog
The reasons for this are outlined below.NCCs v small business CGT contributions A member can make additional NCCs above the normal NCCs cap under s 292-100 of the ITAA 1997. Broadly, these contributions must be sourced from the proceeds of sale of certain small...
