No 2021/22 Fee Increases!
NetActuary will not be increasing any of its fees for the 2021/22 financial year! Rather, we will use a combination of service focus and investment in
systems to increase productivity to create a win-win of profitability and modest fees.
There are a number of proposed legislation items that will affect our services. In the Family Law area, modifications to the Taxation Administration Act 1953 and the Family Law Act 1975 will allow couples separating to have
greater insight into the superannuation holdings of their former partners.
The ATO needs to keep comprehensive superannuation information for a variety of purposes. The legislation will allow a party to family law property proceedings in the Family Court of Australia, the Federal Circuit Court of Australia and the Family Court of
Western Australia to apply to the Court for superannuation information of their former partner from the ATO.
In the SMSF area, there are proposed changes to number of members and how Exempt Current Pension Income percentages are calculated. A dispensation to tidy up legacy pensions has also been foreshadowed.
NetActuary would like to take this opportunity to record our appreciation to people using our services over the past year and to express how much we value and look forward to being of assistance in the financial year about to commence.