Super's tax trap
Article Abstract:
Beginning Apr 1, 1999, changes to the Fringe Benefits Tax rules have made it more difficult for high income earners to cut their superannuation surcharge. All fringe benefits must be added to income when assessing surcharge liability. Investors can reduce surcharge bills by reducing superannuation contributions subject to the surcharge and reducing assessed income as far as possible.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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Playing it safe
Article Abstract:
This article examines the use of superannuation funds by risk-averse Australian investors. Relevant points include the value of such funds, when properly used, to avoid penalty taxes due to Reasonable Benefit Limit problems.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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Mad, bad and dangerous
Article Abstract:
Issues are presented concerning the influence which the 15% super surcharge has had on investment for retirement. The inequities of the super surcharge and the policies of the political parties towards it are discussed.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2001
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