Super

Super

With $3m super tax ‘the house always wins’

The proposed calculation for taxing super balances above $3 million will throw up unusual outcomes where assets...

08 March 2023 • By Philip King

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Super

Super tax increase ‘raises retrospective CGT issues’

Labor’s move to double tax on balance earnings above $3 million throws up a problem with unrealised capital gains.

02 March 2023 • By Miranda Brownlee

Super

Super tax singles out small group who played by the rules: CA ANZ

Labor’s decision to double the tax on super balances above $3 million moves the goalposts yet again, the body says.

01 March 2023 • By Philip King

Super

ATO releases record $573m in super on compassionate grounds

The bulk of applicants needed medical treatment for acute, chronic or life-threatening illnesses, the Tax Office says.

28 February 2023 • By Josh Needs

Super

Repeal ‘perverse’ rules that put super at risk, Canberra told

Finance bodies warn taxpayers they may trigger huge penalties under non-arm’s length provisions and urge the...

24 February 2023 • By Philip King

Super

NALE proposals set to drive up SMSF audit costs

Additional levels of investigation and verification will be required, says BDO specialist.

23 February 2023 • By Miranda Brownlee

Super

Draft objective to ‘protect super from interference’

Superannuation bodies have welcomed the government’s draft objective, saying it will provide equity in the system and...

21 February 2023 • By Miranda Brownlee

Super

Government releases proposed objective for super

The government has today released its proposal for the objective of superannuation as part of a consultation paper.

20 February 2023 • By Miranda Brownlee