Paying just 15% contribution tax instead of your marginal tax rate sounds like a generous incentive to save for your retirement in a superannuation fund. Looking more closely however, might you be better off paying full income tax, and not… Read More ›
Marginal tax rate
Tax concessions for super contributions threatened.
Once again critics have called for government to cut the budget deficit by removing the tax-concessions on super. Their catch-cry is that they are not needed, and amount to little more than a tax scam for the affluent. This may be true for the… Read More ›