The phrase "a very concessional" is not correct and does not convey a clear meaning in written English.
It may be intended to describe something that is highly concessional, but the construction is awkward and unclear.
Example: "The terms of the agreement were a very concessional offer, making it easier for both parties to reach a compromise."
Alternatives: "a highly concessional" or "an extremely concessional".
"Fifteen per cent remains a very concessional tax rate.
"Yes it is an increase in taxation but it is still a very concessional rate of tax," Turnbull said in June.
"Now, it is true that some people, around 4%, on high incomes and with high superannuation balances will have to pay some more tax on their superannuation account in the sense they will pay the 15% tax whereas previously they were paying nothing... 15% remains a very concessional tax rate.
So yes it is an increase in taxation but it is still a very concessional rate of tax and that is – it is very important – so super and transition to retirement still remains very concessional, but what we are doing is making the system fairer.
"It is still very concessional rate of tax and, you know, as Julie [Bishop] has said, as I've said, as everybody knows our changes to super mean that 96% of Australians in the super system are either better off or unaffected".
We thus believe it is safe to assume that a very high proportion of CRD patients in this study were concessional beneficiaries.
Yet Mr Warsh had no trouble when the Fed was providing unlimited liquidity to troubled financial firms at concessional rates in exchange for dubious collateral during the teeth of the crisis.David Malpass, the former chief economist of Bear Stearns who unsuccessfully ran for the Senate in 2010, had a very different perspective.
There is a concessional and a general co-payment rate, and also a safety net so that when a patient reaches the threshold their PBS patient contribution is reduced or removed [ 29].
It meant that those on high incomes paid a higher concessional tax rate on their super contributions and earnings.
From 1 July next year, people aged 56 to 65 will pay a 15% concessional tax rate on earnings from assets.
