Division 296 Super Tax Considerations

Division 296 Super Tax Considerations

Division 296 super tax is a controversial Federal Government proposal to impose an extra 15% tax on some superannuation earnings for individuals if their total superannuation balance (TSB) is over $3 million as at 30 June of the relevant income year. This measure is...
Will Your Superannuation Protect Your Loved Ones?

Will Your Superannuation Protect Your Loved Ones?

Ensuring Your Super Goes Where You Want When You’re Gone By Deidre Molloy, Director at TSP Accountants & Business Advisors We all contribute to our superannuation throughout our working lives, but many of us don’t consider what happens to these funds...