Superannuation Tax Changes

Superannuation Tax Changes

Superannuation tax changes are in doubt!

Given the result of the Federal election it now seems there is some doubt over the raft of changes proposed by the Liberal party in the recent Federal Budget. The following are up in the air and cannot by replied upon at this point

1. $1.6 million super cap for tax free retirement amount
2. $500k lifetime cap for after tax concession contributions
3. Increase is super contributions tax to 30% for those on income about $250k.
4. Broader access to deductions for for personal super contributions.
5. And more

Many of these items will effect your individual income tax return. Some will also effect your company tax return or your trust tax return if you are in business.

Contact Taxopia, for all your business taxation needs. Professional business tax accountants. Call us on 1300 829 674 or info@taxopia.com.au!

No Comments

Post A Comment

Company or Trust Tax Return for Accountants & Bookkeepers

* BASIC PLAN ($400+ GST) CONDITIONS, excludes the following items:

* STANDARD PLAN ($800+ GST) CONDITIONS, excludes the following items; however, these services can be provided for an additional cost.

Get started now!

* Premium Package pricing conditions, please take note the premium pricing excludes the following items; however, these services can be provided for an additional cost.

If any of these exclusions apply to your businesses, please contact us, and we would be happy to provide you with a customised quote.

Get started now!

* Standard Package pricing conditions, please take note the standard pricing excludes the following items; however, these services can be provided for an additional cost.

If any of these exclusions apply to your businesses, please contact us, and we would be happy to provide you with a customised quote.

Get started now!

* CONDITIONS to our Basic Tax Reporting Package for Company or Trust Tax Return ($400+ GST), excludes the following items:

If you do not qualify for this option, you will need to consider our Standard Tax Reporting Company or Trust Tax Return ($800+ GST) option.

Get started now!

Enquire Now

Fill out the form below and we will get back to you as soon as we can.