If you or someone you know has had their Aged Pension cancelled in January 2017 due to asset test changes, then it may be worthwhile to seek a reassessment if they were just outside of the new limits.
STRATEGY GUIDE: Tax on Super & Division 296
One of the most talked about tax legislation changes that will impact less than 0.5% of the Australian adult population is Division 296.The main controversy of course is that the limit of $3m in super or above, is not indexed. So most young adults today will be...