On 3/11/2023, we provided our submission on the payday super regime. In brief, we support the change for employers to pay SG contributions at the same time they pay salary […]
The Institute of Financial Professionals Australia welcomes the opportunity to provide this submission on the Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2023. Our submission is […]
The Institute of Financial Professional Australia is pleased that the Australian small business community is one step closer to receiving much needed support through certain tax measures that aim to […]
On 18 October, the Institute of Financial Professionals Australia provided its submission on the proposed extra 15% tax on superannuation balances above $3 million. We remain opposed to the extra […]
The Federal government’s newly released draft legislation on the extra 15% tax on superannuation balances above $3 million is far from being equitable policy, says Head of Superannuation and Financial […]
While we fully support consistency in future policy making around superannuation, we do not support legislating the objective of superannuation. Our reasons for reaching this conclusion remain the same as […]
On 7 July 2023, the Institute of Financial Professionals Australia (IFPA) provided its submission on the non-arm’s length expense (NALE) rules for superannuation funds. Although the proposed legislative changes to […]
The Government has announced that it will adopt the bulk of Quality of Advice review recommendations. The Government said that announced reforms aim to address the high cost of advice, […]
In its 2023-24 Budget submission, the Institute of Financial Professionals Australia, has urged the government to address underlying structural Budget weaknesses by going beyond incremental change and undertaking comprehensive tax […]
On 17 April 2023, the Institute of Financial Professionals Australia (IFPA) provided its submission on the proposed extra 15% tax on total superannuation balances above $3m. We do not believe […]