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Tax benefits queried for Aussie super accounts

A new report from the super industry body ASFA questions whether high-income-earning superannuation members should continue to benefit from generous tax breaks.
Tax benefits queried for Aussie super accounts
Australians who have accumulated the most under the country’s superannuation system could soon have their tax privileges removed under new proposals. A discussion paper on possible tax reform for those with high superannuation (pension saving) accounts questions whether the current system should continue funding those with "very high balances". The target of the suggested changes are Australia’s self-managed superannuation fund (SMSF) members. The report, issued by the Associati…
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