Forman Accounting Services

Special Disability Trusts come with important annual reporting and compliance requirements — and the rules and thresholds can change from year to year.

Our latest article covers the key Special Disability Trust requirements for 2026–27, including:

• The updated asset and discretionary spending limits
• Annual financial statement requirements
• Important reporting deadlines
• Trustee responsibilities and record keeping
• Common compliance mistakes to avoid

If you’re a trustee or family member involved with a Special Disability Trust, staying on top of these requirements can help make the annual compliance process much simpler.

Read the full article here 👇
https://formanaccountingservices.com.au/special-disability-trust/special-disability-trust-compliance-2026-27/

Need assistance with your Special Disability Trust? Contact our team on 1300 133 135.

Special Disability Trust (SDT) – 2026–27 Key Figures and Compliance Guide Understand Special Disability Trust compliance requirements for 2026–27, including financial statements, spending limits, reporting deadlines and trustee obligations. Forman Financial Services can help simplify your SDT compliance — call 1300 133 135 or visit sdtservices.com.au.

Could commuting your legacy pension reduce tax for your family?

The five-year legacy pension amnesty has opened up new opportunities for many retirees—but it's not just about flexibility. The tax consequences of your decision could have a lasting impact on both your retirement and your estate plan.

Our latest article explores:

✅ The tax implications of commuting a legacy pension
✅ Whether to start an Account-Based Pension or keep funds in super
✅ How withdrawing a lump sum may affect your tax position
✅ Estate planning considerations, including potential death benefits tax outcomes
✅ Why every retiree's situation is different

The right strategy depends on your personal circumstances, retirement goals and the people you want to provide for.

📖 Read the full article here:
https://formanaccountingservices.com.au/age-pension-assist/legacy-pension-tax-planning/

Before making any changes to your legacy pension, seek personalised advice to understand the long-term tax and estate planning implications.

formanaccountingservices.com.au

Could the timing of your retirement save you thousands in tax?

When planning for retirement, most people focus on when they want to stop working. However, when you retire from a tax perspective can make a significant difference to your financial outcome.

Our latest article explains how retirement tax planning can help you:

✅ Potentially reduce your overall tax bill
✅ Spread income across two financial years
✅ Improve your retirement cash flow
✅ Maximise your retirement savings
✅ Make more informed decisions before leaving work

A simple change to the timing of your retirement or how you receive your leave entitlements could have a lasting impact on your retirement income.

📖 Read the full article here: https://formanaccountingservices.com.au/age-pension-assist/retirement-tax-planning/

If you're planning to retire in the next few years, now is the ideal time to review your strategy. The right advice before you leave work could make a substantial difference to your long-term financial future.

Should you take your long service leave before you retire? It could make a bigger difference than you think.

Many Australians assume the best option is to receive their unused annual leave and long service leave as a lump sum when they retire. However, in some circumstances, taking your leave before finishing work may provide a better financial outcome.

Our latest article explains how retirement leave planning can affect:

✅ Your superannuation balance
✅ The tax you pay
✅ Your Centrelink Age Pension eligibility
✅ Your retirement cash flow
✅ Your overall retirement strategy

The right approach depends on your individual circumstances, and making the right decision before you finish work could improve your long-term retirement outcomes.

📖 Read the full article here: https://formanaccountingservices.com.au/age-pension-assist/should-you-take-…efore-you-retire/

If you're planning to retire in the next few years, we'd be happy to help you understand your options and develop a retirement strategy that's tailored to your needs.