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Government's plan to simplify & streamline superannuation: where are we now? - summary of proposed changes paper

Published on 24 Nov 06 by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE

The extent of the Government’s ‘Plan to simplify and streamline superannuation’, as announced in the Federal Budget, came as quite a surprise to many. This paper provides an overview of the Government’s proposals and the further developments since the budget announcement, including discussion of the following specific aspects of the proposals:

  • taxation of benefit payments
  • payment rules
  • contribution rules
  • age pension assets test (Centrelink)
  • other measures
  • untaxed schemes.

Author profile:

Matthew TRIPODI

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This was presented at Alice Springs Seminar .

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Author(s):  Paul INGRAM

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