Source: Australian Department of Revenue
The Income Tax Assessment Amendment (Superannuation) Regulations 2024External Link commenced on 6 July 2024.
We’re working with you to put these changes in place to ensure individuals with a capped defined benefit income stream (CDBIS) aren’t negatively impacted by an SFT.
Funds should contact us if:
- you’ve been part of an SFT since 1 July 2017,
- CDBIS members have been negatively impacted and
- you’ve not been contacted by us to discuss remediation.
You can lodge an enquiry through our Super Enquiry Service.
Looking for the latest news for Super funds? – You can stay up to date by visiting our Super funds newsroom and subscribingExternal Link to our monthly Super funds newsletter and CRT alerts.