Decoding the Division 296 Super Tax: Planning Ahead for Advisers & Clients

Division 296 tax is proposed to start from 1 July 2025. Are you and your clients ready? Join Daniel Butler of DBA Lawyers as he covers: ✔️ Withdrawals from SMSFs and key factors ✔️ Reversionary vs non-reversionary pensions under Div 296 ✔️ Franking credits and tax effect accounting impacts Watch now to stay ahead of the changes. 00:00 Welcome and Agenda 02:24 Introduction to Division 296 05:19 Wilson Asset Management (WAM) 12:54 Calculation and main adjustments to Total Superannuation Balance (TSB)​ 18:53 What Counts in Adjusted TSB? 25:55 Jarrad’s Case Study and Tax Calculation 32:57 Case studies on members below and over $3M balance 34:47 Bobby: Timing the Withdrawal for Tax Efficiency 36:27 Land Tax and Withdrawal Strategy 38:56 Capital Gains Tax Considerations 43:10 Family Trusts and Tax Planning 48:16 Disability Insurance 53:09 Succession Planning and Death Tax 59:51 Q&A and Conclusion For unlimited access to engaging tax training for accountants, head to www.taxnuggetsacademy.com.au.