Franking Credit Proposal

The current tax system provides a tax credit for the Australian company tax paid on profits which are then passed through to investors along with the dividends.  If your tax rate is less than 30% (ie you are retired and do not pay tax) then this credit is refunded to you by the ATO. Labor [...]

Superannuation Changes from 1st July 2017

Finally, super as we know it. These proposals have yet to be legislated however we do not expect much to change. In essence : How you get funds out of super has not changed. The amount you can contribute has reduced. There is more flexibility about how you can contribute. Caps on how much you [...]