by smsf | 18 Mar 2026 | News
The draft Div 296 Regulations have now been released. Most of the text relates to the operation of Div 296 to APRA and defined benefit accounts. For those of us with an interest in SMSFs, the clarification of the treatment of death benefits is the most significant... by smsf | 13 Oct 2025 | News
The treasurer has finally succumbed to overwhelming pressure and changed his approach to Div 296 as per this announcement. Essentially the following changes have been made to the proposed legislation The implementation date has been delayed by a year to 1 July 2026... by smsf | 24 Jun 2025 | News
With the end of the year almost upon us there will be members who will have difficulty ensuring their contributions hit their SMSF’s bank account in time. It’s not sufficient for the contribution to leave the contributor’s account before June 30th,... by smsf | 10 Jun 2025 | News
This is the month to consider contribution reserving or, more correctly, deferred allocation of contributions. Subject to the SMSF deed, a contribution is not required to be allocated to a member account until 28 days into the following month so a contribution made in... by smsf | 3 Jun 2025 | News
The discussion of Div 296 is largely characterised by misinformation and misunderstanding. As a public service, we have produced a comprehensive FAQ with calculator, which you can embed in any web page of your choosing. We manage the content remotely so ensure that it...