What is not in the Budget for SMSFs?
14 May 2008
- The governance review of SMSFs was not mentioned. This review is progressing and any changes in the regulation of SMSFs will be announced later.
- The changes arising from general “root and branch” review of the Australian Tax System will not be announced until 2009 or later.
- No mention of increasing the compulsory super guarantee rate from the current 9%.
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