The misleading political allegation that since superannuation funds do not pay tax, retirees should not receive cash imputation credits, prompted me to research the accuracy of the statement. I have resourced the information in the summary below from Trish Power’s… Read More ›
Imputation credits
Should asset wealthy retirees receive cash imputation credits when they pay little or no income tax?
This question is looming as a key issue for voters at the next federal election. Abolition of such payments from the tax office is a smart suggestion from public policy think tank, Melbourne’s Grattan Institute, originators of another Labor policy… Read More ›