News : Legislation

Div 296 regulations released

March 24, 2026

Draft regulations that will work in conjunction with the Division 296 tax legislation have been released with industry consultation being sought.

March 24, 2026

Actuarial certificates will play a key role in determining how much SMSF members will pay under the Division 296 tax.

March 17, 2026

The rapid progression of the Division 296 bills through parliament has not reduced concerns about its operation and cost.

March 10, 2026

An element of commercial use relating to an SMSF real estate asset does not mean it will automatically be considered business real property.

March 3, 2026

Contributions caps have been confirmed to rise alongside the general transfer balance cap at the start of the next financial year.

March 3, 2026

Death pension beneficiaries will have the value of that income stream included in their total super balance immediately for Division 296 purposes.

February 24, 2026

The ATO has revealed a noticeable rise in prohibited loans being issued from SMSFs to other parties is causing it great concern.

February 17, 2026

The government has introduced the revised Division 296 tax legislation into parliament less than four weeks after consultation on it closed.

February 17, 2026

The SMSF Association has flagged problems still remain in the Division 296 legislation that could create unintended consequences.

February 10, 2026

A legislative amendment should be made to deal with the need to recalculate pensions that have failed to make minimum payments.