There are manydifferent types of annuity. Annuities have not been very popular in Australia due to theirpricing, relative complexity and inflexibility.Challengerhas a few of these products available in Australia with rates at September 2022 for a lifetime inflation-protected annuity of$5104 for a 6...
Where the misuse is due to a genuine mistake, we’ll work with the trustee or tax agent to rectify the error by lodging an amended return. Where the misuse is deliberate, we will seek to impose penalties on the trustee and/or tax agent and refer the tax agent to the Tax Practitioner ...