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Showing 191 - 200 of 287 results for "Tax concessions"

Labor completes super agenda with passage of four bills

JAMES FERNYHOUGH  |  TUESDAY, 25 JUN 2013
... those approaching retirement to top up their super when the markets are strong and they need it most, and capping tax concessions on super for wealthier Australians to make the system more sustainable for the future." The four bills are: Superannuation ...

Next government to reconsider super taxes: Grattan Inst

ALEX DUNNIN  |  WEDNESDAY, 5 JUN 2013
... tougher questions over the next decade about superannuation policy. We will probably hear more about superannuation tax concessions. We will also probably hear more about whether superannuation design could be improved to reduce Age Pension liabilities," ...

SPAA, Deloitte join calls for SG deferral rethink

MARK SMITH  |  MONDAY, 20 MAY 2013
... retirement," Mason said. "We understand that the Coalition is proposing to help alleviate the deficit by allowing fewer tax concessions, and it will save the Government $1.1 billion in 2016-17 and $2.5 billion over the forward estimates, but in the longer ...

Coalition will delay SG rise, abolish LICS

ALEX DUNNIN  |  THURSDAY, 16 MAY 2013
... [however] a slap in the face for low income earners who are most in need of a boost to their retirement savings. Super tax concessions are still skewed towards the well off and this initiative is one that targets those who need it."

Treasury releases draft EM for super changes

ALEX DUNNIN  |  TUESDAY, 7 MAY 2013
... non-concessionally taxed contributions, which while not qualifying to avoid income tax, will still qualify for earnings tax concessions once inside the super fund.

Coalition vow to leave SMSFs alone

MARK SMITH  |  FRIDAY, 12 APR 2013
... took the opportunity to slam the government's announcement on superannuation last Friday, which proposed a cap on tax concessions for members receiving more than $100,000 income from their super. "That announcement was a political exercise, a circuit-breaker ...

Wills are not enough for SMSF legacy

LAURA MILLAN  |  FRIDAY, 12 APR 2013
... legacy has become a bigger issue as members age and become aware of the possible scenarios if they die. "Thanks to tax concessions, people have now quite a lot of wealth in superannuation, more than they had a few years ago, so the ability to control ...

Low balance members hit with fees under super changes

ALICE URIBE  |  MONDAY, 8 APR 2013
... members, even those with small balances, according to Deloitte. The government has said that the proposed loss of tax concessions will only affect those with balances over $2 million, which equates to around 16,000 people. However Russell Mason, Deloitte ...

Government announces key super reforms

LAURA MILLAN  |  FRIDAY, 5 APR 2013
Australians with superannuation balances over $2 million dollars face losing key tax concessions, Treasurer Wayne Swan and Financial Services and Superannuation Minister Bill Shorten announced this morning. Starting July 1, 2014, all new earnings on ...

ASMA dismayed by proposed super hikes

MARK SMITH  |  THURSDAY, 4 APR 2013
... so with after-tax dollars anyway. The Tax Expenditure Statement produced by the government suggests that super tax concessions put a $32 billion hole in the budget. However, that number is disputed by Pauline Vamos, chief executive, Association of Superannuation ...