Farms held in self-managed super funds get a reprieve of sorts
Labor takes unrealised capital gains off the table but still retains its steadfast cash grab from self-managed super funds worth more than $3 million There is no doubt that the worst part of Labor’s increased cash grab on self-managed super funds (SMSFs) was the tax on unrealised capital gains, income not even received but taxed […]
Labor backflip on SMSF farm tax grab is a win for farmers according to The Nationals
Leader of The Nationals David Littleproud said farmers have had an enormous win, after Labor retreated on its poorly conceived, reckless and cruel plan to tax unrealised gains on farms held in self-managed super funds (SMSFs). David Littleproud said Labor had been embarrassingly forced to give in, after The Nationals and industry campaigned against the […]