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Superannuation Contributions Cap Tax Legislation Archaic and needs change

 

The current contributions cap tax legislation provides no incentive for members to save for their retirement.  In particular the self-employed and some high income earners are disadvantaged by the current rules and regulations.

Many independently owned accounting practices such as Baggetta & Co are supporting the call for Government to immediately review the rules and regulations surrounding the capping of superannuation contributions.

Find out more at: http://www.superreview.com.au/news/superannuation/bdo-superannuation-contributions-cap-savings

 

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