Superannuation, the ultimate government cash cow?

Date:


Soon after coming to office in 1996, the Howard Government introduced a superannuation surcharge for contributions from higher income earners. It’s reintroduction is currently off the agenda (according to The Australian), but Labor is currently considering the following measures (below, again from The Australian).

Linking the contributions tax to a worker’s marginal income tax rate would, in effect, be the same as the Coalition’s surcharge, but Labor may go further, hitting income from super as well.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Is Britain bankrupt? – Sky News

Is Britain bankrupt?  Sky News

LeAnn Rimes addresses 'craziness' of Eddie Cibrian affair: 'This is not all my pain' – USA Today

LeAnn Rimes addresses 'craziness' of Eddie Cibrian affair:...

Analyst Names Top-5 Browns Players Since 1999

  The Cleveland Browns have struggled to re-establish themselves...

How to stream ‘Love Island USA’ season 7, episode 32 on Peacock

Following the parenting challenge aired on July 7,...