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ATO view on member payments after death a ‘Pandora’s box’

While the ATO may have reached a settled position on the treatment of member payments requested shortly before death, this is by no means the “final say” in the matter, says Accurium.

ATO view on member payments after death a ‘Pandora’s box’
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ATO view on member payments after death a ‘Pandora’s box’

In a recent online article, actuarial firm and education provider Accurium explained that over the years, the ATO has adjusted its views on whether a payment will be treated as a superannuation member benefit or as a superannuation death benefit where a member dies after they have requested a benefit, but before the actual benefit payment by the superannuation fund.

Read more at SMSF Adviser

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