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Why, is there something more than just the Mercer...

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sholtz

2,266 Posts.

835

14/11/22

20:14

Post #: 64766971
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Originally posted by Hittman: ↑

Well it looks like some sort of Cap is coming.

Not sure how it will work but I think a starting point will be higher taxes for amounts over X limit and the option to withdraw excess amounts.

Additional clause to conditions of release, if you have X amount or above you can withdraw amounts over x

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Why, is there something more than just the Mercer recommendation. The $1.7m cap is designed to generate more tax.
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