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Welcome to the BGL Community!

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The BGL Community is a place where BGL users can join the conversation!

The conversation with fellow clients, the BGL Team and the compliance community at large.

At BGL Community you can ask questions about using our products as well as raise any ASIC corporate compliance or SMSF topics you may wish to discuss. You can solve problems, check out our webinars, trade ideas, get tips from our experts or become an expert yourself! And last but not least, you can use the Community to let us know how BGL’s CAS 360 and Simple Fund 360 are working out for you!

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What is the status of contribution reserving in light of SMSFRB 2018/1?

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Bryce Figot, Special Counsel, DBA Lawyers

Earlier this month, the ATO released Self Managed Superannuation Fund Regulator’s Bulletin SMSFRB 2018/1. It contains some of the most important information available on the use of reserves for SMSFs. However, there is a vital question regarding contribution reserving that SMSFRB 2018/1 gives rise to. The question is not expressly answered; however, in this article I provide what I believe the best answer is.

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