Section A (1 Mark)The income received by the approved superannuation fund on the investments made...

AAFM CWM_LEVEL_2 Question Answer

Section A (1 Mark)

The income received by the approved superannuation fund on the investments made by the fund is

Exempt from income tax

Taxed as the concession rate of 10% of the income

Taxed at the hands of employees concerned based on the share of each employee

Taxed under Capital Gains Tax depending upon the nature of investment

CWM_LEVEL_2 PDF/Engine

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