Seminar: Transfer SMSF wealth to next generation, without paying tax
When: 27th September 2011 Tue at 6 PM
Where: RSL Club Parramatta
Cost: $65 Incl. GST (Tax Deductible)
But FREE to you - use promotional code : CITY
How to Book: www.trustdeed.com.au/seminar
USE PROMOTIONAL CODE
EVENT: IPA Parramatta Accountants Discussion Group
Dear Advisor,
Thank you for using our website to setup companies, trusts and other legal documents.
In return, we want to give you a Seminar Voucher worth $65. Simply visit www.trustdeed.com.au/seminar and book your seat. The IPA Convenor may charge $10 to cover room hire and for coffee and tea etc, there is no further cost to you. We have been alloted only 30 free seats, If you want to attend, you must book as soon as possible. Please read what other professionals had to say about the presentation....
What other convenors have to say about the presentation....
Dear Manoj,
On behalf of the Hornsby District CPA Discussion Group, I would like to convey my sincere thanks to you for presenting at our 14 Sep monthly meeting
The information on Superannuation you delivered is valuable and relevant to accountants' professional knowledge. The way you present your material is truly fascinating. I am sure my members will agree with me that you are one of the best presenters that have presented to our Discussion Group.
We are appreciative to your devotion and your valuable time, knowledge and effort in this presentation. We enjoyed the entire hours talk.
I hope we can invite you back again on another interesting topic in not too distant future.
David LO, M Acct, CPA, JP
Hornsby District CPA Discussion Group
Good morning Manoj,
Thank you for your very informative and entertaining presentation
on reducing tax on passing assets to beneficiaries, both inside and
outside a SMSF.
This is a very important topic and I have frequently brought this up
with our members and your presentation was exactly what was required
to raise their awareness of the need for proper Estate Planning.
If you are agreeable I will pass on your details to some of my fellow
CPA Discussion Group Convenors, who would also benefit from your
presentation.
Thanks again,
Regards
Les Bryce,
Convenor, CPA SMSF Discussion Group
Click here to learn how to commence a pension in a SMSF
SEMINAR DETAIL
ATO has issued a draft ruling on 12th July 2011, "when a pension commences and ceases" in a self managed super fund. The effect of this ruling is that once the pensioner dies, all assets supporting the pension move back to accumulation phase.
Once assets move to accumulation phase, all income earned by these assets are taxed at 15% and if sold, to pay a lump sum to adult children are subject to capital gain tax. Further, any death benefit lump sums paid to adult children (over 25 years old) are taxed at 16.5% Including Medicare Levy.
Click here to update your SMSF Trust Deed
Imagine your $1M SMSF on death will pay 15% Capital Gain Tax and your kids will pay another 16.5% on the balance or about $290,250 tax will be paid from your inheritance.
Click here to learn how your SMSF can borrow
Fortunately, there are cutting edge advanced SMSF Strategies which you can implement to mitigate this tax. Our Superannuation Technical Director, Mr. Manoj Abichandani SMSF Specialist Advisor, SMSF Specialist Auditor, will be presenting these strategies on 27th September 2011 at 6 PM at Parramatta RSL Club, should you want to book, please visit www.trustdeed.com.au/seminar.
The fee to attend is $65 Incl. GST, Please use Promotional Code "CITY" to get your free seat - only 30 seats are available to us.