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05 September 2013 |
The SMSF supervisory levy has changed since its inception. The Government has repeatedly reaffirmed its commitment to encouraging people to fund their own retirement by way of the superannuation system. At the same time, the former government wanted to share in the wealth creation by increasing the SMSF Supervisory levy by 575% over the past five years. The government says that the administrative costs that need to be recouped, to make system pay its own way.
02 September 2013 |
Helpful information for SMSF beginners
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