What were once the rules about executing legal documents using handwritten (so-called ‘wet’) signatures have been completely altered to allow for Covid-19 safety measures.
legislation
Two things to know about recent changes to superannuation rules
The $1.6 million cap applies to combined super accounts regardless of whether they are defined benefit (taxed or untaxed) or account based pensions. Special rules apply to the calculations and taxation of defined benefits. Based on a $50,000 annual defined benefit pension payment, the defined benefit may be valued at $800,000, meaning that the remaining […]
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