Federal budget report 2018-19 | Accurium

Government confirms role of actuarial certificates

On Tuesday 8 May 2018, the Treasurer, Scott Morrison, released the Government’s 2018-19 Budget.

The Budget this year has an emphasis on retirement and there are a number of changes that will require your consideration for both pre and post retiree clients. These include an increased focus on the retirement income legislative landscape, SMSF audit requirements, superannuation work test and personal income tax thresholds.

It is important to note that before any of these announcements can be implemented they will require the passage of legislation and they may be subject to change.


Disclaimer

This information is provided by Accurium Pty Limited ABN 13 009 492 219 (Accurium). It is factual information only and is not intended to be financial product advice, legal advice or tax advice, and should not be relied upon as such. The information is general in nature and may omit detail that could be significant to your particular circumstances. The information is provided in good faith and derived from sources believed to be accurate and current at the date of publication. While all care has been taken to ensure the information is correct at the time of publishing, superannuation and tax legislation can change from time to time and Accurium is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current. We recommend that you seek appropriate professional advice before making any financial decisions.