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ATO set to issue early access to super tax arbitrage guidance

ATO set to issue early access to super tax arbitrage guidance

The Tax Office will soon be issuing guidance on the validity of a tax arbitrage scheme involving the government’s early access to superannuation measure.

by Shared by Accountants Daily | Jun 15, 2020

ATO ruling on JobKeeper GST turnover test released

The ATO is currently preparing guidance on the limited circumstances when an individual will be allowed to access some of their superannuation early before making salary-sacrificed super contributions to lower their taxable income.