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.