There’s been a lot of debate about tax concessions and this followed from the tax discussion paper, released by the Federal Government a month or so ago. There seems to be four areas of focus:
Capital gains tax discount
Tax concessions regarding superannuation
In this video, AMP Capital’s Head of Investment Strategy and Chief Economist, Shane Oliver suggests that the areas that may see some change over time include the capital gains discount and superannuation, particularly for those with high balances or incomes.
This video must be taken in its entirely and any given chapter viewed in isolation does not represent the entire message.
About the Author
Dr Shane Oliver, Head of Investment Strategy and Economics and Chief Economist at AMP Capital is responsible for AMP Capital's diversified investment funds. He also provides economic forecasts and analysis of key variables and issues affecting, or likely to affect, all asset markets.
Important note: While every care has been taken in the preparation of this article, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds Management Limited (ABN 15 159 557 721, AFSL 426455) makes no representations or warranties as to the accuracy or completeness of any statement in it including, without limitation, any forecasts. Past performance is not a reliable indicator of future performance. This article has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. An investor should, before making any investment decisions, consider the appropriateness of the information in this article, and seek professional advice, having regard to the investor’s objectives, financial situation and needs. This article is solely for the use of the party to whom it is provided.
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