Division 296 tax targets high-net-worth individuals with superannuation balances exceeding $3 million, starting 1 July 2026 with revised rules focusing on realised earnings rather than unrealised ...

But unfortunately they don’t include all the changes I would have liked made to the original draft. Let me flag something up front that when it comes to Division 296 : overall I’m so pleased the ...

There's been plenty of noise to draw your attention to the fact that changes are coming to superannuation. It's been a while coming. Back in 2023, a bill quietly hit government proposing changes to ...

In practice, an SMFS can choose to reset the cost base of all their assets as at 30 June 26. If they do so, then going ...

It pays to prepare for the barrage of tax tweaks that affect all Australians in the new financial year. ... Read More The ...