work test

Superannuation

Claiming deductions post-work test changes

Clients are still going to need to meet the work test if they want to claim a deduction for a personal contribution despite the removal of the work test for voluntary con...

Superannuation

BT clears up work test changes

BT has cleared up recent changes to the work test, confirming that it will no longer be required for non-concessional, bring forward non-concessional and small business c...

Superannuation

Work test and spouse contribution changes to increase retirement savings

The changes will take effect on 1 July and advisers need to include them in clients’ end-of-year planning, according to the SMSF Association....

Superannuation

Draft legislation to allow voluntary contributions without work test

The government has looked to increase flexibility in how Australians save as they transition to retirement with draft legislation allowing people aged 65 and 66 to make v...

Superannuation

Minimal super changes welcomed by Actuaries

A positive budget outlook should spur important long-term policy direction, according to the Actuaries Institute....

Superannuation

Frydenberg unveils Budget super tweaks

The Federal Treasurer, Josh Frydenberg has unveiled key tweaks to superannuation policy – allowing those aged 65 and 66 to make voluntary contributions without the work t...

Policy & Regulation

Govt takes regulatory option on work test exemption

With elements of its superannuation legislation stalled by the Christmas/New Year Parliamentary break the Government has opted to use its regulatory powers to push throug...