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04 Jul 13 Superannuation Supervisory Levy 2013-2014

The amounts of superannuation supervisory levy have been determined for 2013-2014: Superannuation Supervisory Levy Imposition Determination 2013 (Legislative Instrument F2013L01308; registered 3 July 2013).

For superannuation funds other than small APRA funds (SAFs), the restricted component of the 2013-2014 levy will be calculated at 0.01848% of assets held by the entity, subject to a minimum of $590 and a maximum of $1,786,000. The unrestricted component of the 2013-2014 levy will be calculated at 0.004614% of assets held by the entity.

For SAFs, the restricted component of the 2013-2014 levy will be calculated at 0% of assets held by the entity, subject to a minimum of $590 and a maximum of $590. The unrestricted component of the 2013-2014 levy will be calculated at 0% of assets held by the entity. In effect, SAFs will be levied a flat amount of $590 per fund.

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