Yes,
It is ALP policy that for pensions in pension mode earnings over $75,000 which would otherwise be tax free will be taxed at 15%.
It hasn't been clarified whether this tax will be at individual or fund level. If its the latter then once again this will only apply to SMSFs
Looks like the ALP is trying to wipe out SMSFs.
bacci
- Forums
- Political Debate
- Would Labor tax SMSF pensions over $75,000 ?
Yes, It is ALP policy that for pensions in pension mode earnings...
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)