Advice

Taxing unrealised capital gains is an unfair measure

By Noel Whittaker
Updated May 13 2024 - 8:25am, first published 7:30am
Taxing unrealised capital gains is an unfair measure
Taxing unrealised capital gains is an unfair measure

Last year, in response to claims that a few wealthy people had accumulated too much in superannuation, the Albanese government proposed far-reaching and controversial legislation. From 1 July 2025 the tax rate on superannuation earnings for balances over $3 million would be doubled to 30 per cent.

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