The Commonwealth Preservation Age (CPA) is used to determine the amount of taxation a member will pay on lump sum superannuation benefits. A member’s CPA does not affect a member’s access or the taxation payable on pension benefits.
IMPORTANT READ!! PAYG Payment Summaries are quite different to previous years and so too is the way tax returns are to be completed by individuals and Tax Agents.
PLEASE READ the following document which includes various links.
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