Changes to tax on employment termination payments (ETPs)
As announced in the 2012 Federal Budget, as of 1 July 2012, the Government proposes that current Employment termination payment ...
Superannuation contributions tax to double to 30% for high income earners
Superannuation contributions tax - In the 2012 Federal Budget, the Government announced an increase in contributions tax from 15% to 30% ...
Deferral of higher concessional contributions cap for individuals aged 50 and over
As at 1 July 2012, all individuals have a cap of $25,000 for all concessional superannuation contributions. Previously people over ...
Reduction in minimum payments for account based pensions
The government has extended the reduction in the minimum payment for pensions from superannuation accounts by 25% for 2012-13. Pension ...
Superannuation trust deed clauses
The government will be introducing measures to ensure trust deed clauses cannot be used to alter the …
Superannuation guarantee age limit – to be removed
While there has been some confusion about this measure, the government has confirmed that as of 1 July ...
