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Showing 141 - 150 of 212 results for "Super tax"

Tightening of super tax concessions far from guaranteed

MARK SMITH  |  WEDNESDAY, 25 FEB 2015
... Treasury's Rob Heferen has said that while media reports and industry stakeholders seem convinced a government raid on super tax concessions is on the horizon, that outcome is far from guaranteed. Treasury's recent tax expenditure statement showed that ...

Government urged to leave super taxation alone

MARK SMITH  |  THURSDAY, 19 FEB 2015
A shake-up of taxation within superannuation would undermine confidence in the country's retirement savings system, according to SMSF Association patron Sir Anthony Mason. Addressing delegates at the SMSF Association's National Conference in Melbourne ...

Super tax subs worth $30bn in 2014

ALEX DUNNIN  |  TUESDAY, 3 FEB 2015
Just as the government prepares to release the latest edition of the Intergenerational Report and recommence the Senate battle to pass its 2014-15 Budget, Treasury has released its Tax Expenditures statement showing that superannuation tax subsidies ...

Solve super tax inequity, says Murray

JAMES FERNYHOUGH  |  THURSDAY, 11 DEC 2014
The upcoming tax white paper must redesign the taxation of superannuation so that it no longer disproportionately favours wealthy people, according to the Financial System Inquiry final report. The white paper, which is due to be drawn up next year ...

Super tax in firing line

MARK SMITH  |  FRIDAY, 8 AUG 2014
Superannuation is likely to be in the firing line as the Federal government looks for tax savings in a bid to repair the fiscal state of the economy, according to BT chief economist Dr Chris Caton. "The generosity of the super taxation structure will ...

FSI questions viability of franking credits

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... to come under real scrutiny in the final report. The interim report showed a graph demonstrating that almost 40% of super tax exemptions went to the top income decile. "To credibly promise superannuation tax concessions in retirement and an adequate ...

Super advocates urge caution on age access

AAP  |  TUESDAY, 20 MAY 2014
... Christie manager of research and advocacy at the Combined Pensioners and Superannuants Association said at the moment super tax concessions disproportionately benefit people on high incomes. "We couldn't support any move to change the preservation age ...

Budget a 'missed opportunity': ISA

JAMES FERNYHOUGH  |  TUESDAY, 13 MAY 2014
... potentially reduce their retirement income by about 25 %. "We need to have a look at the equity and sustainability of the super tax concessions." He also said the further deferral in the rise to the superannuation guarantee from two to the three years ...

Think tank calls to end super tax concessions

MARK SMITH  |  TUESDAY, 22 APR 2014
Australia's superannuation tax concession is too generous towards the wealthy and should be scrapped before it becomes an expensive drag on the country's finances, according to new research from the Australia Institute. The think tank said that tax ...

Nearly 50% of woman to suffer under LISC dumping

JAMES FERNYHOUGH  |  THURSDAY, 7 NOV 2013
... reduce aggregate superannuation savings by $53 billion by 2021-22. ISA's main criticism levelled at the government's super tax policies is that they are inequitable, favouring the wealthiest at the expense of the poorest, a view which Shadow Treasurer ...