Taxation of unrealised gains and forced sale of illiquid assets are the top concerns that a group of independent MPs has highlighted amid calls for amendments to the $3 m...
The industry body has argued that the revenue generated by the proposed tax should be “ring-fenced” to increase the Low-Income Superannuation Tax Offset. ...
Shadow assistant treasurer Luke Howarth has called for “fairness” and confirmed the Coalition will not go forward with the proposed Division 296 tax if it wins the next e...
The final draft of the $3 million super tax legislation remains unchanged and will include the taxing of unrealised gains and no indexation....
There is growing support from the Senate crossbench for the government to rethink its plans to tax unrealised gains in the proposed $3 million super tax....
The passing of the motion to allow superannuation to be attached to paid parental leave is a “nail in the coffin” for any major changes to the proposed $3 million super t...
The Australian Taxation Office has recouped and paid $683.8 million to super funds and their members as it cracks down on super guarantee non-compliance. ...
Super funds have shared the areas where they believe the Australian Taxation Office could improve its efforts....
The consultation paper on doubling the concessional tax rate for superannuation balances exceeding $3 million would take feedback from stakeholders until mid-April. ...
Around a quarter of Australians still hold two or more superannuation accounts despite consolidation efforts, with unclaimed super rising by $2.1 billion. ...
The Senate has demanded the Albanese government disclose Treasury modelling on the projected impact of its super tax changes....
The Albanese government has moved to double the concessional tax rate for superannuation balances exceeding $3 million....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...