Wealthier Individuals

Division 293 Tax: A Super Surcharge for Wealthier Individuals

Division 293 tax is a key aspect of Australia’s tax rules, aiming to ensure fairness in the superannuation system, especially for high-income individuals. It’s a way for the government to make sure that wealthier people contribute proportionally more to their superannuation. This tax specifically targets individuals with high incomes, reducing the tax benefits they receive […]

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