The ability to contribute cash and other assets into superannuation has always been an important part of accumulating retirement wealth. With changes to contributions around the amount you can contribute as well as the penalties for contributing too much, it is vital that you keep up to date with these developments.
We will provide a clearer understanding of the current contribution rules both in relation to SIS & tax. Discuss who can make contributions and the necessary checks & balances in place. Examine the basis on which the excess contributions tax is calculated and consider how excess contributions tax can be managed and in limited circumstances when the excess contributions tax may be waived. Finally, we will examine potential changes to make the system fairer without damaging the integrity of the process.
Benefits of attending
Be up to date with the regulatory changes to contribution caps and penalties for contributing over your limits as well as a better understanding of SIS requirements relating to contributions.
All delegates will receive a copy of the presentation and any handouts.
Who should attend
This session is applicable to members in practice or business working at a management level.
Earn 1.5 CPE Hours