The Federal Budget 2016 proposes important changes to the tax and superannuation rules. Be aware of how these changes may impact you!

A peek at what’s inside...

Superannuation contribution changes

Taxation

Defined Benefit Schemes

By the end of the book, this is what you will know:

  • Concessional contributions limits and reductions
  • Tax deductions for personal superannuation contributions
  • Lifetime caps on non-concessional contributions
  • Removal of the “Work Test”
  • $1.6 million cap on superannuation pensions
  • Impact on defined benefit schemes
  • Reduction in personal income tax rates
  • Much more…

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