This presentation covers:
- economy: tight cash flow/downward pressure on incomes
- taxpayer sentiment: clients want to minimise tax
- dichotomy 1: difficult trading conditions vs store of wealth in super
- dichotomy 2: personal tax rate 49% vs super tax rate 0-15%
- resultant fringe behaviour
- where are the goal posts?
- as advisers, what will we tolerate and what won't we tolerate?