Non-arm’s length income rules for superannuation funds

In January 2023, the Government released a consultation paper on options to amend the non-arm’s length income (NALI) provisions which apply to superannuation funds and has called for submissions from interested parties.

In response, our superannuation specialists and BDO National Tax have prepared a submission urging the Government to fundamentally rethink the approach to NALI whereby the measures are not disproportionate relative to the perceived mischief addressed, and the ‘at a minimum’ symmetry with the NALI provisions is achieved.