Act now to beat the cap
Thursday, June 18th, 2009
The 2009 Federal Budget was one of the more significant in recent history, with the Government tasked with steering the country out of the global financial crisis.
In an effort to regain lost revenues caused by the global downturn, the Government has decided to pull back some of the superannuation tax concessions.
In particular, there are two key changes to the treatment of super that are scheduled to take effect on 1 July 2009.
And while not yet legislated, there may be benefits for you if you act before 30 June.
