The West Australian --- Page: 38 : 26 March 2007 Original article by Annette Sampson
ABIX Summary
There are many different financial forecasts regarding undeducted superannuation contributions before 30 June 2007. Especially in the case of people prepared to borrow money to achieve the maximum contribution before 1 July 2007, the main sticking points are capital gains tax (CGT), non-deductible interest and selling costs with investment properties. IPAC's advice development manager, John Dani, has found super outcomes with borrowed funds vary greatly due to CGT.
