CPD 1.5 hours On Demand Course Online

Special Tax & Superannuation Topics 2023-24 - Part 2

Manage the key estate planning issues after the death of an SMSF member. This session covers the required fund processes and procedures, and the tax outcomes for beneficiaries and SMSF.

$113.64

non-member : $136.36

Description

We will cover:

  • Trustee obligations and reporting requirements when paying death benefits
  • Tax issues for SMSF trustees to consider around Exempt Current Pension Income
  • Trustee options around tax deductions for insurance policies vs. claiming a future service period deduction
  • Issues that need to be considered around controlling individuals 

Learning outcomes

On successful completion of this topic, participants should be able to:

  • Understand the regulators' expectations around SMSF processes and payments for death benefits
  • Identify fund-specific requirements and trustee compliance obligations for the processing of death benefit payments
  • Understand the tax issues and outcomes relevant to both the SMSF and the recipient of a death benefit payment post the death of a member
  • Understand the relevant considerations for the funds' ongoing structure, including tax and SIS compliance considerations. 

Benefits

This session forms part of the Special Tax & Superannuation Topics Series. These concise 1.5-hour sessions have been specifically designed for an online platform to ensure training is informative, immersive, and even fun. These sessions will:

  • Ensure you get the critical knowledge you need while minimising your time out of the office.
  • Assist you in providing proactive tax and superannuation advice and identifying tax planning opportunities early
  • Help you avoid any possible traps and pitfalls
  • Give you answers to the questions most relevant to you

Our partnership with Thomson Reuters gives you the most up-to-date information, updated regularly and enhanced by our technical specialists.

Continuing Professional Development Hours

The content covered in this topic constitutes verifiable CPD for CA ANZ, has been assessed for ASIC and FASEA CPD, and also meets the Tax Practitioners Board's CPE requirements.

  PER SESSION 
CA ANZ Up to 1.5 CPD hours
Tax Practitioners Board Up to 1.5 CPD hours

Related packages

Looking for more? Our Essential Tax & Superannuation Updates perfectly complement these special topic sessions.

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