Search Results | Showing 61 - 70 of 248 results for "Superannuation tax" |
| | | ... the budget are two key superannuation measures aimed at increasing revenues. The first is to better target superannuation tax concessions, saving over $11.5 billion each year once fully implemented. Tax breaks on super currently cost about $45 billion ... |
| | | | ... (after-inflation) value will have fallen to $2 million," Grattan said. Conversely, extending the Low-Income Superannuation Tax Offset, which rebates contributions tax paid by low-income earners, to those earning up to $45,000 a year from the current ... |
| | | | ... instead, they could only carry forward this loss to reduce earnings in a future year. Indexation and the super cap Superannuation tax controversies, which include concerns about pension payments and unrealised capital gains, are further complicated by ... |
| | | | ... through this measure to address some of the other inequities in the system, such as increasing the low-income superannuation tax offset (LISTO) ceiling to $45,000 a year to ensure low-income workers are not paying more tax on their super than on their ... |
| | | | ... tax rate of 30%, twice the current 15% rate. According to the latest Tax Expenditures and Insight Statement, superannuation tax breaks, valued at $50 billion a year, mostly go to high income earners. The cost of these concessions is projected to exceed ... |
| | | | Mercer has called for a fairer superannuation tax system, particularly for lower-income earners and women in its pre-budget submission. Mercer's proposed changes aim to improve the fairness of the super tax system, which currently has an inherent bias ... |
| | | | ... government should also pay super on the Commonwealth Paid Parental Leave Scheme and increase the Low-Income Superannuation Tax Offset to account for changes to tax brackets and increases in the super guarantee, it suggested. "Super has been a boon for ... |
| | | | ... balances with $5 million plus is likely to be only a small fraction. "As result, any move by policymakers to limit superannuation tax concessions to super fund balances less than $5 million will at best only be symbolic. It will impact so few people ... |
| | | | ... debate including former senior treasury official Mike Callaghan. "Callaghan was quoted over the weekend saying superannuation tax concessions have to be in the national conversation about fiscal sustainability, he's right," Jones said. "The Association ... |
| | | | Financial Services Council (FSC) research shows that proposed increases to super taxes will not deliver a sustainable Federal Budget position. The FSC engaged DeltaPearl Partners to perform economic modelling of six possible measures adjusting the current ... |
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