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01 Sep 09 Beware of promoters offering early access to super

The ATO has published a warning to taxpayers about various plans that offer access to superannuation savings before retirement. The promoters of these plans say that they can help access superannuation savings for reasons such as paying off debts, buying a house or car, or even going on holiday. These schemes are illegal and heavy penalties apply if a taxpayer decides to participate in one of these schemes. For a copy of the warning, go here

 


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