Business
1 million Aussies at risk of $25,000 fine – Yahoo Finance Australia
Those who incorrectly accessed their super early twice could cop a double whammy.
Australians who dont meet the eligibility criteria to access up to $20,000 of their superannuation early and did so anyway could be at risk of more than $25,000 in fines, according to the Australian Taxation Office (ATO).
Around 2.6 million Australians access their super early under the governments early super release scheme, with 1 million accessing it twice.
Earlier this year, the ATO warned Australians caught attempting to withdraw their super without meeting the eligibility requirements co…
-
General19 hours agoAustralian celebrity chef Peter Russell-Clarke dies aged 89
-
Noosa News23 hours agoSouth-west Queensland highway closed after truck carrying oxygen cylinders catches fire
-
Noosa News18 hours agoWoman airlifted to Brisbane hospital after big cat mauling at south-east Queensland zoo near Toowoomba
-
Noosa News18 hours agoUnvaccinated horse dies from Hendra virus as Queensland records first case in three years