If these enforcement actions are inappropriate, for example: the contravention can’t be rectified; the trustee behaves in a manner that reflects a blatant disregard for the law or the trustee seeks to misuse their SMSF to take advantage of the concessional tax rates; then we take our firmest...
The article provides information on the nine changes to superannuation rules that became effective on July 1, 2013. The cap on contributions taxed at the concessional rate of 15 percent for people over age 60 has elevated from 25,000 to 35,000 Australian dollars a year. It is noted that ...
could the government change the cap on non-concessional contributions (currently $150k)? could the government change the preservation age(the age most of us can access their super) – it’s been suggested that preservation age move to 67 by the interim Henry Review?