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Work test exemption for recent retirees – Draft legislation and regulations

Published on 02 Nov 18 by THE TAX INSTITUTE

The Tax Institute welcomes the invitation to make a submission to Treasury in relation to the Government’s work test exemption for recent retirees. The stated objective to the proposed legislation and regulations is to provide a one‑year exemption from the work test for superannuation contributions, to allow recent retirees to boost their superannuation balances.

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The Tax Institute is Australia's leading professional association and educator in tax, with offices in most major cities. Focusing solely on tax, the Institute provides the best resources, education and networks. Our mission is to equip tax professionals with everything they need to demonstrate the highest level of expertise and increase the advancement of public knowledge and understanding. We are also committed to propelling members into the future and onto the global stage with the introduction of the Chartered Tax Adviser designation.
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