Quantcast
Subscribe to our newsletter

Super proposals 'a leaking sieve', says lawyer

The raft of exemptions announced by the government for the $500,000 cap is giving rise to further complications and inequality, and could result in all retrospectivity being removed from the proposed change, claims a lawyer.

Super proposals 'a leaking sieve', says lawyer
smsfadviser logo
  • Shared by SMSF Adviser
  • July 28, 2016
share this article

DBA Lawyers director Daniel Butler says the concessions the government is seeking to carve out of the proposed legislation for a $500,000 lifetime cap on non-concessional super contributions will be difficult to apply in practice and will lead to “unnecessary and detailed analysis”.

Read the full story at InvestorDaily.

Receive the latest Public Accountant news,
opinion and features direct to your inbox.

related articles