Part 1: Deep Dive into the Labor Government’s Brand-New Super Tax (Division 296 Tax)
Part 1: Deep Dive into the Labor Government’s Brand-New Super Tax (Division 296 Tax) Division 296 tax is a brand-new superannuation tax proposed by the Labor Government. It targets Australians who have built up individual superannuation balances over $3,000,000. This tax follows the Labor party philosophy of wealth re-distribution. However, questions have been raised about how many […]
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