Budget 2011: Relief from unfair superannuation tax welcomed

By Natalie Tsirimokos · 11 May 2011 · Cashflow

Budget 2011: Relief from unfair superannuation tax welcomed

Tax Reform Hits the Spot for 30,000 Aussies

The Government has finally listened to tax professionals and made a crucial change to superannuation tax laws. But what does this mean for your wallet?

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Summary

The Government has listened to long-held concerns of tax professionals and reformed excess superannuation contribution tax traps that have tripped-up as many as 30,000 taxpayers each year, The Tax Institute said today.

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