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Removal of election to treat super income streams as lump sums

http://blog.revolutionadvisors.com.au/removal-of-election-to-treat-super-income-streams-as-lump-sums/

Individuals will no longer be able to elect to treat super income stream benefits as lump sums for tax purposes as of 1 July 2017. For those who are receiving a super income stream and normally would have made this election, you can no longer access the super lump sum low rate for payments from […]

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