Receive training in a key area of self-managed super from Australia’s top experts with our 3-part Masterclass webinar series | CPD points accredited.
Our masterclass programme, designed specifically for SMSF practitioners, is offered as a flexible 3-part webinar series. Choose 1, 2 or all 3 webinars. Each webinar begins with a general update covering any important SMSF developments, before diving into the speciality topic.
At the end of each webinar you will receive CPD points and a detailed reference guide.
Over this series of three webinars, we will dissect the Small Business Capital Gains Tax (CGT) Concessions that can be used to boost retirement savings, the options for holding Business Real Property inside an SMSF (including the acquisition rules from related parties), exit strategies from such arrangements and the obligations and roles that fall to SMSF trustees if they wish to pursue this investment class.
This webinar will examine the retirement boosting strategies associated with the Small Business CGT concessions, including the eligibility requirements for individuals and companies, the different types of concessions available to small business owners, all looked at via a case study format.
This webinar will examine the various rules relating to the acquisition of assets from related parties, investing in related party entities, as well as in-house asset restrictions and issues with employee share schemes.
This webinar will examine how an SMSF can structurally invest in property including own it outright, in a unit trust with other investors, or with gearing and the business exit strategies on debt repayment, relationship breakdowns, disability and death.
Tues 27 April | 12.30 PM - 1.30 PM AEST
Tues 4 May | 12.30 PM - 1.30 PM AEST
Tues 11 May | 12.30 PM - 1.30 PM AEST
The impact of family law on superannuation and SMSFs cannot be underestimated.
In the simplest cases, it may mean the transfer or payment of cash benefits to another superannuation fund. However, in the more complex cases, it may mean restructuring the underlying investments of an SMSF and ensuring the settlement provides an equitable result for the parties.
The family law allows couples who are separating to value their superannuation entitlements and split them as part of the settlement. The superannuation and taxation laws still apply to any split amounts until benefits can be paid from the fund to the member as lump sums or pensions. This session will examine the relevant laws as they apply to splitting benefits and any impacts of the taxation laws on fund assets and member’s benefits.
Understanding the administration of the splitting agreement, consent orders or the court order is important as any split must be made strictly in compliance with the relevant agreement or orders. Any administrator who does not follow the requirements of the split may find themselves in difficulties and consequences arising from those errors. This session will examine various splitting agreements and how to account for the valuation and transfer or disposal of assets as well as the taxation issues arising from the relevant settlement.
This stage will examine a number of settlement agreements and put what you have learnt in stages 1 and 2 to apply the superannuation, taxation and family laws. The case studies will include settlements involving percentages and flat dollar amounts as well as unusual provisions in some agreements and how to deal with them.
Tues 27 July | 12.30 PM - 1.30 PM AEST
Tues 3 Aug | 12.30 PM - 1.30 PM AEST
Tues 10 Aug | 12.30 PM - 1.30 PM AEST
Since the introduction of Transfer Balance Caps (TBC) many trustees find themselves needing to give more consideration to the concept of Exempt Current Pension Income (ECPI) and how best to maximise it. With the need to also understand disregarded small fund assets, the ATO’s interpretation of segregation and legislative changes scheduled for 1 July 2021, that will see us go back to the future, now is the perfect time to revisit what ECPI is all about.
We will start off this three-part series by looking at what ECPI is and the pre-requisites to claiming it. We’ll also examine the two methods available for claiming ECPI and the impact that disregarded small fund assets may have on this.
Since 1 July 2017, there has been a need to adopt the Regulator’s view on applying ECPI across the two methods (as examined in Part 1) where they both exist in a given year. Proposed changes to legislation scheduled to commence from 1 July 2021
will allow trustees to decide whether they adopted the Regulator’s approach, or the old industry tried and tested approach. In this session, we’ll compare the two and show that a one size fits all approach may not be in a client’s best interest. We’ll also examine how fund expenses are impacted by ECPI.
We’ll wrap up this series by exploring how to maximise a fund’s ECPI in a world of TBCs. We’ll examine how ECPI will apply when it comes to capital gains and losses. We’ll also look at the impact revenue losses, death and insurance will have on a fund’s ECPI.
Tues 12 Oct | 12.30 PM - 1.30 PM AEDT
Tues 19 Oct | 12.30 PM -1.30 PM AEDT
Tues 26 Oct | 12.30 - 1.30 PM AEDT
Each 1-hour webinar is a ‘qualifying CPD activity’ and provides 1 CPD hour in the category of ‘Technical Competence’.
Note: Each year you must earn 40 CPD hours from ‘qualifying CPD activity’, 28 of which must be approved by your licensee, with the remaining 12 hours not requiring approval. Furthermore, the activity must spread across FASEA’s CPD categories, with minimum hours applicable in each category.
CPD points/hours per webinar are as follows:
|SMSF Association||1 CPD point|
|Institute of Public Accountants||1 CPE hour*|
|Chartered Accountants Australia & New Zealand||1 CPE point*|
|Tax Practitioners Board||1 CPE hour*|
|Financial Planning Association of Australia||1 CPD point|
*You should use your own professional judgement and assess whether our programme provides professionally relevant training and the appropriate number of CPD points or CPE hours. The above allocation assumes professionally relevant training and equates one hour of training with one CPD point or one CPE hour.
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