Super

Super

Accountants must highlight dangers of raiding super: ATO

The Tax Office tells the industry to alert clients that there are consequences from illegal early access schemes.
03 April 2023 • By Josh Needs

more from super

Super

Tougher laws introduced to tackle superannuation theft

The government has introduced a bill to enshrine the right to superannuation payments in the National Employment...
30 March 2023 • By Miranda Brownlee
Super

Legislating super objective ‘pointless and open to abuse’

The IFPA believes the existing sole purpose test better captures the core purpose of superannuation.
29 March 2023 • By Josh Needs
Super

Unexpected work test issue impacts personal contributions

An unintended consequence with the work test changes is restricting certain types of employees and company directors...
27 March 2023 • By Miranda Brownlee
Super

Satisfaction with super funds plummets from record high

Rate rises, share market volatility and fund mergers have combined to dent customer confidence, Roy Morgan data shows.
23 March 2023 • By Philip King
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
Super

Treasurer defends plans to tax unrealised gains in super

“Simplest and best way” to apply the 30 per cent rate on earnings from balances over $3 million, he said.
07 March 2023 • By Miranda Brownlee
Super

Details of tax calculation for $3m threshold a ‘mixed blessing’

The proposed tax on earnings calculation for balances exceeding $3 million will see some members paying tax on...
03 March 2023 • By Miranda Brownlee