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Awan Hammad
.1 min read

Graeme Colley – $3 million cap

Ambassador for the Auditors Graeme Colley discusses waiting in the queue, the $3 million cap. We’re still waiting on the legislation that is supposed to commence on July 1, 2025 to tax increases on superannuation balances where they’re above $3 million (to be taxed at 15%). Until the new laws are passed, we will continue standing in the queue wondering what we need to do. 

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