My superannuation account is showing tax contribution which is deducted from my super balance. What does it mean and why is it deducted?
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Actual wording more likely to be "contributions tax."
That is the 15 % tax payable on all employer contributions, and deductible personal contributions.
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Actual wording more likely to be "contributions tax."
That is the 15 % tax payable on all employer contributions, and deductible personal contributions.
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