As you may have heard, the Federal Government has recently made changes to the amount of super that can attract a concessional tax rate. From July 2025, it is proposed that people with superannuation balances of more than $3 million will be taxed at 30 per cent rather than 15 percent of earnings.
If you would like to discuss your circumstances with us and how this may affect your longer-term plans, please make an appointment as soon as possible.