Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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The efficiency of the superannuation system could be improved if the taxation of all super earnings is removed and offset by reducing the contributions’ tax concession, says the SMSF Owners’ Alliance (SMSFOA).
SMSFOA argued that changing the superannuation system in this way would mean everyone receives equal taxation of contributions, whatever their income, and this would provide an equal tax concession for all superannuants.
Read the full story at SMSF Adviser.