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Showing 201 - 210 of 248 results for "Superannuation tax"

Contrib caps improve super social equity

ALEX DUNNIN  |  WEDNESDAY, 15 FEB 2012
... superannuation's social equity difficult to establish, they argue. ASFA said a better measure is lifetime value of superannuation tax concessions and age pension entitlements, which it estimates at about $370,000 regardless of income level, matching ...

Super tax subsidies don't favour the rich: Mercer

ALEX DUNNIN  |  TUESDAY, 14 FEB 2012
Mercer has released a research paper that dismisses claims retirement income funding through superannuation tax concessions favours the wealthy. The paper 'Tax, Super & the Age pension" reported that the total cost of retirement funding per person in ...

Cutting super tax breaks unwise: SPAA

CLAIRE MCGREAL  |  TUESDAY, 7 FEB 2012
... Professionals' Association of Australia has weighed into the industry debate on the Greens' call to raise the superannuation tax for high income earners. Green leader Bob Brown yesterday proposed a scaled tax on super contributions based on a person's ...

Super tax concessions in spotlight

MELANIE TIMBRELL  |  MONDAY, 30 JAN 2012
... ideas raised at the Tax Forum in October last year. Pressure has been mounting from the Greens to scale back superannuation tax concessions on the basis they unfairly advantage higher income earners. The announcement of the roundtable yesterday was seen ...

Super now the fourth pillar

ALEX DUNNIN  |  WEDNESDAY, 17 AUG 2011
... why low income earners will effectively have their contribution taxes rebated so they can experience the same superannuation tax benefits as wealthier people. Another area of social equity is superannuation for women because when they retire they on ...

Tax rules set for TPD insurance deductibility

ALISON BEVEGE  |  THURSDAY, 4 AUG 2011
Proposed amendments to superannuation tax law will make it easier for self-managed super funds to work out their tax deductions for insurance, an SMSF expert has said. The draft legislation, released yesterday, specifies how much of the premium for ...

Govt to refund super tax for 3.5 million

ELISE BURGESS  |  THURSDAY, 16 JUN 2011
... accounts. The changes were prompted by recommendation of the Australia's Future Tax System (AFTS) Report that said superannuation tax concessions should be distributed more equitably. "The Gillard Labor Government firmly believes that Australian workers ...

SMSFs avg balances hit $1m

ALEX DUNNIN  |  MONDAY, 28 MAR 2011
... they found. But the political headache for the sector is that Rainmaker estimates that about half of all the superannuation tax subsidies are spent on the 8 per cent of fund members in SMSFs, meaning that SMSFs will always be the centerpiece of any move ...

Coalition still unconvinced on 12 pc SG

ALEX DUNNIN  |  THURSDAY, 28 OCT 2010
... to $17 billion, this disregards that member contributions just prior to 2006-07 -- when a dramatic lift in superannuation tax concessions skyrocketed contributions that year to $170 billion -- were $19 billion or only slightly higher than they are no ...

Super tax breaks unaffordable: Treasury

ALEX DUNNIN  |  WEDNESDAY, 29 SEP 2010
Australia can't afford the rising and inequitable cost of superannuation tax concessions, said Treasury in its Red Book briefing to the returned ALP government. Each election, Treasury prepares a briefing folder for both the government should they be ...