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The proposed amendments to the 2016 budget measures for the treatment of transition to retirement income streams and limited recourse borrowing arrangements were passed on 15 June 2017 – Treasury Laws Amendment (Fair & Sustainable Superannuation) Bill 2016.
These amendments change how the 2016 budget measures affect those with a TRIS or about to enter into an LRBA.
For information about how the changes affect those with a TRIS, click here.
For information about how the changes affect those about to enter into an LRBA, click here.
If you would assistance addressing these issues, please contact a member of our team.
This publication is for information only and is not legal advice. You should obtain advice that is specific to your circumstances and not rely on this publication as legal advice. If there are any issues you would like us to advise you on arising from this publication, please let us know.
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