Plans for a $500 tax cut on superannuation sparks row in Government

Super Saving Government Bill Shorten Law

Super Law

Superannuation Minister Bill Shorten has called on the Opposition to back the tax cut, which will cost $1.9 billion, after the Coalition’s sudden backflip to support a $740 million change to increase overall super to 12 per cent. See Herald Sun

The Assistant Treasurer, Bill Shorten, has told Channel Nine all workers earning less than $37000 a year will not have to pay tax on their superannuation contributions. See ABC Online

Advertisements

About SuperBenefitnews

Self-Managed Superannuation Service Providers in Australia. SuperBenefit will SET UP your SMSF and provide investment education for a better result. We take care of all your administration, accounting, ATO lodgement and audit of SMSFs, working with you and your advisors. If you want advice we can arrange one of our recommended advisors and accountants to meet with you, as we do not give advice, but take instruction only. Take control of your super, including property shares and other assets. Learn how to be your own advisor - make better decisions - by being mentored and coached to invest your own super wisely and strategically by qualified partners. Book to come to an event to find out more, or - Call us 0407 361 596, no obligation FREE strategy call.
This entry was posted in Super Law & Compliance. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s