What is not in the Budget for SMSFs?

  • The governance review of SMSFs was not mentioned.  This review is progressing and any changes in the regulation of SMSFs will be announced later.
  • The changes arising from general “root and branch” review of the Australian Tax System will not be announced until 2009 or later.
  • No mention of increasing the compulsory super guarantee rate from the current 9%.
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