Insights / May 10th, 2023

Federal Budget Confirms Superannuation Earnings Tax

As part of the 2023-24 Federal Budget announcements, the Treasurer has confirmed the Labor government’s intention to implement a new superannuation earnings tax on account balances exceeding $3M.

Peter Slegers, Daniel Marateo and Joshua Pascale of our specialist Tax & Revenue and Superannuation groups provide their helpful guidance on this in their article below.

Click the link to read the article.

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