E4. Is the system Tax flexibility as a motivation Member surveys Member surveys are likely to generate only self-serving data. effectively for establishing SMSFs (input) The use of LRIVs to gear property, and the relatively extensive managing tax for investment into private trusts suggests that SMSFs are quite members, often tax driven. That may be of value to the members of those including in SMSFs, but detrimental to the public interest at a system level. transition? E4. Is the system Takeup rates of Regulator data Data needed to properly interpret the headline data is unlikely effectively cocontributions and offsets to be readily available. Informative only if there is also managing tax for (input) information about the household income of those making use of members, these tax benefits. It is likely that they serve as tax management including in tools for the relatively wealthy, rather than as a means of transition? enhancing gender equity or providing temporal smoothing in super.
E4. Is the system effectively managing tax for members, including in transition? Tax flexibility as a motivation for establishing SMSFs (input) Member surveys Member surveys are likely to generate only self-serving data. The use of LRIVs to gear property, and the relatively extensive investment into private trusts suggests that SMSFs are quite often tax driven. That may be of value to the members of those SMSFs, but detrimental to the public interest at a system level. E4. Is the system effectively managing tax for members, including in transition? Takeup rates of cocontributions and offsets (input) Regulator data Data needed to properly interpret the headline data is unlikely to be readily available. Informative only if there is also information about the household income of those making use of these tax benefits. It is likely that they serve as tax management tools for the relatively wealthy, rather than as a means of enhancing gender equity or providing temporal smoothing in super.
sub039-superannuation-assessment.docx