Key points Significant impact to Exempt Pension Income Calculation (ECPI) Increased reporting and administration requirements Additional importance of pension minutes and documentation to ensure compliance Who does it affect? Funds that change to, or from 100% Pension during the year. Eg 100% accumulation fund converts

Provides information about the law companion guide on capital gains tax relief. Source: Transitional CGT relief | Australian Taxation Office

From 1 July 2017, the government will introduce a $1.6 million cap on the total amount that can be transferred into the tax-free retirement phase for account-based pensions. Source: Introducing a transfer balance cap of $1.6 million for pension phase accounts | Australian Taxation Office

What will be the key compliance risks and challenges for SMSF loans this year? Source: Compliance and SMSF loans in 2017 | Accountants Daily

Draft regulations that propose removing the fund-capped contributions rules, if implemented, could open up new strategies for business real property assets and foreign fund rollovers, according to DBA Lawyers. Source: Draft regulations tipped to simplify property transfers

Further information about the requirement for bank account details of SMSFs. Source: Common errors on SMSF annual returns | Australian Taxation Office

Source: ATO ruling gets the thumbs up from SMSF Association – SMSF Association

LRBA and NALI – Interaction and application of PCG 2016/5 and TD 2016/16. Source: Limited recourse borrowing arrangements and Non arm’s length income | Australian Taxation Office