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Showing 1 - 4 of 4 results for "ECPI"

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... Heffron flagged issues that must be considered including the impact of large withdrawals on exempt current pension income (ECPI), not wasting losses and/or negative earnings, and any tax on death benefits.

ECPI draft legislation released

ANNABELLE DICKSON  |  MONDAY, 24 MAY 2021
... introduced exposure draft legislation to reduce red tape for super funds when calculating the exempt current pension income (ECPI). The minister for financial services, superannuation and the digital economy Jane Hume said the draft legislation simplifies ...

Protecting Your Super Package will cross finish line: Treasurer

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... simplifying reporting obligations and streamlining administrative requirements when calculating the exempt current pension income (ECPI). From 1 July 2020, trustees with interests in the accumulation and retirement phases during an income year can choose ...

ATO clarifies when a pension ceases

STAFF WRITERS  |  THURSDAY, 1 AUG 2013
... out in the superannuation laws, the pension is considered to have ceased at the start of that income year, including for ECPI purposes. However, they noted recent legislative amendments applicable to the 2012-13 income year and later income years ensure ...
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