Shorten’s Tax Proposal – The “Sleeper”

In last weekend’s Financial Review, there is a list of the Shorten tax proposals.

The “sleeper” is the last one. Remove ability for everyone to make personal tax deductible contributions (to super). This effectively “locks out’ all small business owners who are not running a company, affecting hundreds of thousands of people

How has this pertinent fact been overlooked by all the experts?

 

 

A: Thanks for the heads-up on this. I wasn’t aware of this proposal.

Yes, could be a bit of a sleeper – although the deduction is capped at $25,000.

Many thanks


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