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Voluntary super a ‘blatant tax grab’: ISA

A proposal to make super voluntary for low-income earners would be nothing more than a “blatant tax grab”, according to new research by Industry Super Australia.

Voluntary super a ‘blatant tax grab’: ISA
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Voluntary super a ‘blatant tax grab’: ISA

Last year, Liberal Senator Andrew Bragg put forward a proposal to allow workers earning $50,000 and under to opt out of compulsory super, arguing that it would allow taxpayers to better save for a home and that it would save the government $1.8 billion in the first year.

Read more at the Accountants Daily.

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