SIS Regs amended to allow 1 year exemption from ‘work test’ for recent retirees
Key News Summary: The SIS Regs are now amended to allow recent retiree’s (aged up to 75) a 1 year exemption from the work test, if they have less than $300k in super, from 1 July 2019 (as announced in the 2018 Federal Budget). The Treasury Laws Amendment (Work Test Exemption) Regulations 2018 were…