Will the income of your SMSF be taxed at the top tax rate? The broad reach of NALI

$110.00

Scott Hay-Bartlem and Clinton Jackson, partners in Cooper Grace Ward’s Superannuation team present this webinar, which will be useful for determining when income of an SMSF will be NALI, how to ensure it will not be NALI, when a unit trust interest needs to be ‘fixed’ and when an SMSF will be affected by the changes to NALI.

 

[Running time: 1 hr 15 mins]

Description

SMSF income is not always taxed at the concessional rates of 15%, or 0% if in pension phase.

Often overlooked is ‘non-arm’s length income’ or ‘NALI’. If income of your SMSF is NALI, that income is taxed at the top tax rate even if your SMSF is in pension phase.

The reach of NALI can be far broader than commonly expected, and usually the wording of documents and trust deeds can be very important in determining the rate of tax your SMSF pays.

And there are proposed changes to make it apply even further!

After this webinar, you will:

  • be able to determine when income of an SMSF will be NALI
  • know what to do to ensure the income of an SMSF will not be NALI
  • recognise when a unit trust interest needs to be ‘fixed’
  • be able to identify when an SMSF will be affected by the changes to NALI.

Who will benefit from this webinar?

This webinar is highly recommended for:

  • accountants
  • financial planners
  • SMSF trustees and members.
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