ATO to crackdown on early super rorts

Some people think that loopholes are smart and that lawyers should help with their schemes and scheming… no, sorry it’s not something that we do. Loopholes (generally against the intention or the spirit of the law) provide short term ‘benefits’ with long term consequences. The outcomes are often not what they hope/expect.

https://ift.tt/3ixkRHx
The Australian Taxation Office has warned it will investigate people rorting super withdrawals to avoid paying tax.