Show download pdf controls
  • Advice under development – superannuation issues

    We are currently developing advice and guidance on the following superannuation issues.

    [3938] Superannuation income stream

    Title
    Addendum to Taxation Ruling TR 2013/5
    Income tax: when a superannuation income stream commences and ceases

    Registered
    30 August 2018

    Purpose
    TR 2013/5 has been impacted by the legislative amendments flowing from the 2016 Budget announcement of the transfer balance cap, which limits the superannuation interests that a person can have in retirement phase. The Addendum will particularly address the consequences of a superannuation income stream commencing or ceasing.

    Expected completion
    By March 2019

    [3960] Non-arm's length income

    Title
    Draft Law Companion Ruling
    Income tax: non-arm's length income – expenditure incurred under a non-arm's length arrangement

    Registered
    December 2018

    Purpose
    This draft Ruling will provide proposed guidance in respect of the proposed amendments introduced in Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2018, which amends the application of the non-arm's length income provisions in circumstances where a trustee incurs non-arm's length expenditure under a scheme.

    Expected completion
    December 2018

    Last modified: 05 Dec 2018QC 50320