Tax advisers are more likely to act as “tax exploiters” for wealthy clients but “tax enforcers” for the rest of us.
Australian retirees can keep stashing away more superannuation, unused, for another year, even though the crisis prompting the concession has passed. The big winners? Rich retirees and their kids.
Scrapping cash refunds on dividends could make the tax system fairer. But super funds could invest less in Australian companies.