Superannuation Taxation Arrangements Superannuation taxation arrangements should be reformed to place policy settings on a more sustainable footing over the long term. Superannuation taxation arrangements should be targeted to achieve the objectives of the superannuation system, reduce the cost of the retirement income system to Government, better position Australia to meet the fiscal challenges of […]
Trauma insurance inside SMSF
Trauma insurance inside SMSF Trauma insurance inside SMSF is no longer available following new legislation that became effective on July 1 of 2014. Other forms of insurance such as Life Cover, Any Occupation TPD and Income Protection are still available through superannuation. Every working Australian has a one in three chance of becoming disabled for more […]
Government policy changes
Government policy changes Some of the measures the new Government will not proceed with are: • Self Education Expenses Cap • The Government will not proceed with putting a $2,000 cap on the amount people can deduct as self education expenses. • Labor’s $1.8 billion Fringe Benefits Tax hit on the car industry. • The […]
