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520 what is the div 296 tax?

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Manage episode 482579447 series 2457897
Content provided by Dev Raga. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dev Raga or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Please note that this episode was recorded before the May 2025 Federal Election. In today's episode Dev unpacks the proposed Division 296 legislation which will impact super balances of $3 million and above. He touches on:


๐Ÿ‘‰๐Ÿพ superannuation concepts

๐Ÿ‘‰๐Ÿฟ the function of super

๐Ÿ‘‰๐Ÿป what is the div 296 tax?

๐Ÿ‘‰ who will it impact

๐Ÿ‘‰๐Ÿผ any exceptions or special rules


You can read more about the legislation here: https://ministers.treasury.gov.au/sites/ministers.treasury.gov.au/files/2023-03/better-targeted-superannuation-concessions-factsheet_0.pdf


We hate email spam so we donโ€™t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.


To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here.


Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.


SYMO interactive Pty Ltd trading as money money money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services license 451289.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

324 episodes

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520 what is the div 296 tax?

Dev Raga Personal Finance

140 subscribers

published

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Manage episode 482579447 series 2457897
Content provided by Dev Raga. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dev Raga or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Please note that this episode was recorded before the May 2025 Federal Election. In today's episode Dev unpacks the proposed Division 296 legislation which will impact super balances of $3 million and above. He touches on:


๐Ÿ‘‰๐Ÿพ superannuation concepts

๐Ÿ‘‰๐Ÿฟ the function of super

๐Ÿ‘‰๐Ÿป what is the div 296 tax?

๐Ÿ‘‰ who will it impact

๐Ÿ‘‰๐Ÿผ any exceptions or special rules


You can read more about the legislation here: https://ministers.treasury.gov.au/sites/ministers.treasury.gov.au/files/2023-03/better-targeted-superannuation-concessions-factsheet_0.pdf


We hate email spam so we donโ€™t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.


To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here.


Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.


SYMO interactive Pty Ltd trading as money money money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services license 451289.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

324 episodes

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