Death taxes on its way back?

[Aurora et Luna]

I think this is only the beginning before more "death taxes" is introduced!

https://www.abc.net.au/news/2021-11-29/death-tax-by-stealth-superannuation-savings-retirement-investing/100644100

 

[Administrator]

I think this is only the beginning before more "death taxes" is introduced!

https://www.abc.net.au/news/2021-11-29/death-tax-by-stealth-superannuation-savings-retirement-investing/100644100

I've always viewed the superannuation scheme for what it is. It's simply an additional ~9.5% income tax. At some point the gov will find a way to take it.

You quickly find out it's not yours when leaving Australia and you're unable to take it with you (except for very limited circumstances).