Tax Fundamentals – Superannuation

At the conclusion of this training, attendees should have a broad understanding of:

• The three phases of superannuation, being:
  • the contributions phase;
  • the investment phase; and
  • the retirement phase;
• The types of contributions that can be made into a superannuation fund;
• The annual limits that apply to superannuation contributions;
• The general income tax issues in calculating a superannuation fund’s taxable income;
• The investment rules;
• When funds can be released from superannuation;
• The transfer balance cap;
• The taxation of superannuation benefits

The currency of this resource material is at 21 January 2021.