The Federal Treasury has claimed the approach to reporting actual taxable earnings for the $3 million super tax is “sector-neutral”.
Total Superannuation Balance will become much more important if the proposed new $3 million super tax is introduced, warns a ...
Spouses or partners of a deceased SMSF member will not get the benefits of losses that had previously been attributable ...
The SMSF sector will be watching the budget closely next week to see if the government still announces that the ...
The changes to the work test rule were a surprisingly quick amendment from the ATO Commissioner, according to a leading ...
The government’s move to tax super above $ 3 million could be seen as a harbinger of other measures in ...
Receiving an ATO rectification direction for a compliance breach may seem like winning at the casino, especially when the alternative ...
Taxpayers may be required to call on their personal financial resources or to liquidate the assets of the super fund ...
Broadly, from 1 July 2025, where a member’s total superannuation balance (TSB) exceeds $3 million, an increase in their TSB ...