ATO approach to super funds: “Prevention over Correction”

The ATO has used a recent speech to highlight some of superannuation issues in its sights, including ECPI, apportionment of expenses, claiming imputation credits and carried-forward capital gains.

Titled ATO audits and reviews of super funds in 2014, the

Higher contributions tax for those on over $180,000: Mercer

Extending Division 293 tax to everyone on the highest income bracket is one of the four points in a plan to improve the superannuation system released by consulting firm Mercer.

The four points of the plan are: