Thousands of SMSFs benefit from almost $20b in tax-free income

By Nassim Khadem
Updated February 10 2016 - 10:13am, first published May 25 2015 - 6:12pm
Tax breaks for self-managed super funds are putting increasing pressure on government revenue. Photo: Jessica Shapiro
Tax breaks for self-managed super funds are putting increasing pressure on government revenue. Photo: Jessica Shapiro

The cost to the budget of giving tax breaks to self-managed super funds has continued to soar, putting fresh pressure on the Abbott government to reconsider its refusal to examine generous incentives for wealthy retirees.

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