TRIS, LRBAs and the new amendments to the 2016 Budget measures

CG
Cooper Grace Ward

Contributor

Established in 1980, Cooper Grace Ward is a leading independent law firm in Brisbane with over 20 partners and 200 team members. They offer a wide range of commercial legal services with a focus on corporate, commercial, property, litigation, insurance, tax, and family law. Their specialized team works across various industries, providing exceptional client service and fostering a strong team culture.
The proposed amendments to the 2016 budget measures for the treatment of TRIS and LRBAs have been passed.
Australia Government, Public Sector

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.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More