Quantcast
au iconAU

 

 

Trustees reminded of 'positive' CGT news as EOFY looms

A capital gains tax (CGT) issue that was causing confusion in the industry has been cleared up by the ATO, and professionals are being reminded to take note of this “positive development” in the lead up to June 30.

Trustees reminded of 'positive' CGT news as EOFY looms
smsfadviser logo

There has been some contention in the industry about the need for SMSFs with segregated current pension assets to put in place a trustee resolution before 1 July 2017 confirming that their fund ceased to be segregated in order to be eligible for CGT relief.

Read the full article on SMSF Adviser.

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox