The Coalition will increase the maximum number of superannuation members from 4 to 6. This will make inter generational superannuation and estate planning easier, plus combat the Labor Governments proposal of preventing SMSF’s in pension

The Coalition will look to prevent superannuation funds from charging exit fees. These fees discourage people from moving away from under performing funds because there is an unreasonable cost imposed in some cases. This will

The Coalition will ban “large” cash payments to businesses ($10k and above). Great in theory, but how do you prevent someone accepting cash when the very nature of cash is that it is almost impossible

The Coalition will provide the ATO an extra $450 mil to combat tax cheating. Greater ATO funding basically means more audits and compliance checks. The focus seems to be on:– Contractors that should be employees–

The Coalition will look at our current ABN framework and re-design it if need be to better suit current tax laws and values. No doubt in the gun are contractors who are able to obtain

The Coalition will look to deny tax deductions to businesses that pay workers as contractors, when in a legal sense that worker should be an employee. Take a small construction company with 5 workers all

The Coalition will look to introduce personal tax cuts in 3 stages: (Now) Increase the 32.5% upper threshold to $90k, and introduce a new tax offset for those on low & middle incomes (2022) Increase