Super tax legislation needs to ‘future proof’ LISTO policy: SMC
In its submission to Treasury on the Division 296 revised legislation, the SMC said it “broadly supports” and commends the decision to unfreeze the LISTO in the proposed reforms. “SMC strongly supports the announced changes to align LISTO with changes to both the marginal income tax thresholds and Super Guarantee rate over the past 13 years,” the submission stated. “It is essential these changes are...
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