A much simpler super system – Bob’s ‘15% – 15% – 0% system’ – take a look inside
On Thursday 25 January 2018, the Tax Institute’s Senior Tax Counsel: Mr Bob Deutsch proposed a remedy to the unutterable complexity of Australia’s superannuation system. This was in the Institute’s weekly ‘Tax Vine’ publication #2, 25 January 2018. He proposes, what he calls a “15%, 15%, 0%” system for, respectively, contributions tax, earnings tax and employee…