Monthly Archives: February 2017

//February

Black Economy Taskforce

On 14/12/2016, The Minister for Revenue and Financial Services announced a taskforce into the Black Economy. While there is no single, internationally-agreed definition, typically, the black economy refers to people who operate entirely outside the tax system or who are known to tax authorities but deliberately misreport their tax (and superannuation) obligations. The black economy [...]

By | February 15, 2017|

Beware of Pension Pressure

Changes to the pension assets test that came into force on January 1 have resulted in some retirees losing some, or all, of their pension entitlements. The big question now is whether the tighter assets test will encourage people to change the way they plan and behave in the years leading up to retirement to [...]

By | February 10, 2017|