Tax refunds will be taxed under the proposed Division 296 tax, a leading auditor has said.
Treasurer Jim Chalmers’ proposed Division 296 super tax is reckless, short-sighted and dangerous precedent that will devastate Australia's retirement system ...
Although it is likely the Division 296 tax will be retrospectively enacted, it’s best not to act impulsively, a leading ...
The complexities with calculating the new super tax for funds with defined benefits or those with illiquid assets will see ...
Treasurer Jim Chalmers said after three rounds of consultation “nobody” could propose a better way to calculate how super balances ...
A member is not eligible to claim a personal superannuation contribution deduction without a valid acknowledgement letter before the lodgment ...
The Australian Taxation Office (ATO) sets out its view in Taxation Ruling TR 94/8 and Private Binding Ruling 1051832733348 of ...
Reports of SMSFs “panic selling” assets is not surprising, the chief executive of the SMSF Association has said.
Our recent article on the proposed Division 296 tax has sparked some discussions, particularly as to whether benefits should be ...