SMSF Sorted End of Financial Year Update 2021
Release Overview - End of Financial Year update (2021)
The following updates have been released to SMSF Auditomation to ensure compliance with new rates, rules and regulations that come into effect on 1 July 2021
Work Test observation updated
50% reduction applied to FY 2022 minimum pensions as a result of Government COVID-19 measures
Transfer Balance Cap indexation. TBAR workpapers are also affected by this change and have been amended accordingly.
Market Value Observations for shares and managed funds have been update to take into account prices available for 30 June 2021*
*NOTE: Not available until 1 July
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