Extra $30 tax for SMSF

[sptrawler]

Love this one, trying to stop normal working class families and self employed from starting their their own funds.
Well $30 on top of $150 won't hurt the big boys but it might scare the "normal working class family" into putting their money with the union run industry funds.
However if people weren't scared of loosing their money they wouldn't start their own SMSF.

 

[Julia]

Love this one, trying to stop normal working class families and self employed from starting their their own funds.
Well $30 on top of $150 won't hurt the big boys but it might scare the "normal working class family" into putting their money with the union run industry funds.
However if people weren't scared of loosing their money they wouldn't start their own SMSF.

What's this about, sp? What's the "$30 on top of $150"?

 

[sptrawler]

Hi Julia, just read it on one of the newspaper websites. Actualy feel quite chuffed I picked it up before you. LOL.

Here it is http://www.smh.com.au/business/fede...ugged-with-higher-charges-20110510-1eh9e.html
Isn't that going to help the government and the tax dept, I'm sure that will help the bottom line. LOL

 

[sptrawler]

Yes aparently it is going to help you manage your your superfund better and give you greater confidence.
How the hell could Bill Shorten say that with a straight face, s#!!t I was P!!!!sing myself when I read it