Summary
Part of a package of 11 bills to fund the Commonwealth’s contribution to the National Disability Insurance Scheme, the bill amends the Superannuation (Excess Untaxed Roll-over Amounts Tax) Act 2007 to increase from 47 per cent to 47.5 per cent the rate at which excess untaxed roll-over amounts tax is payable on an individual’s excess untaxed roll-over amounts.