Anglesey Accounting

Dear Clients
All of us here at Anglesey Accounting wish you a Merry Christmas and best wishes for the New Year.
The office will be closed over the Christmas, New Year period and reopen on Monday 5th January.
Any emails or voicemails received during this period will be attended to promptly when the office reopens.

Please find official ATO news release about websites reporting false superannuation changes
https://www.ato.gov.au/media-centre/ato-warns-against-websites-sharing-fake-news-on-superannuation-preservation-age

The Australian Taxation Office (ATO) has warned Aussies not to fall for false claims that superannuation preservation and withdrawal rules are changing on June 1. A number of online articles have circulated the change, which has been labelled “fake news”.
The articles falsely claim the superannuation preservation age will be increased from 60 to 70 by 2030, starting from June 1, 2025. Some also wrongly claim lump sum withdrawals will be capped at 50 per cent of a person’s balance, rather than being fully accessible.
https://au.finance.yahoo.com/news/ato-issues-superannuation-warning-for-retirees-over-june-1-rule-change-when-you-can-access-savings-031205511.html

ATO issues super warning for retirees over June 1 rule 'change' The ATO is warning Aussies not to believe false information about upcoming superannuation changes.