All in Superannuation

Stealthy Tax Rises

In the run up to the 2016 Federal Election there are the perennial favourite issues rolled-out by the media and opposing political forces, everything from the very-fast-train (that is a very slow argument) to a second international airport in Sydney (oh, that’s proceeding) to the Government collecting more taxes via superannuation and bracket creep.

2013 Tax Mini Series - Superannuation Changes

Big Stick to High Income Earners
Most people know the ‘concessional’ contribution limit remains at $25000 per annum (for all ages), which is going to make it very hard for some – especially people closer to retirement - who had done some pre-planning to achieve their retirement goals with the intention of making significant contributions in the years leading into retirement.