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Monthly Technical roundup - October 2019

10 October 2019

The Monthly Technical Roundup is a brief summary of a number of recent regulatory developments that occurred during the month.

Tax integrity – Improving the taxation of testamentary trusts

04 October 2019

The Government has released exposure draft legislation for consultation, to implement integrity measures announced in the 2018-19 Budget to improve the taxation of testamentary trusts.

Issues effecting the ATO’s online concessional contribution and total superannuation balance displays

04 October 2019

The ATO have issued a CRT Alert to advise that they have identified issues affecting the concessional contributions screen and total superannuation balance display in online services.

Super guarantee opt out and other super law changes

27 September 2019

Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2019 passed both houses of Parliament on 19 September 2019 and awaits royal assent.

Insurance within super: Bill passed with dangerous occupations exception

26 September 2019

On 19 September, the House of Representatives agreed to the 16 government amendments passed by the Senate in relation to the Treasury Laws Amendment (Putting Members’ Interests First) Bill 2019.

Treasury Measures (No 2) Bill introduced: genuine redundancy age; super

23 September 2019

The Treasury Laws Amendment (2019 Measures No 2) Bill 2019 was introduced into the House of Representatives on 18 September. 

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