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Money Doesn’t Come Without Guidance ...

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24
May

HOW DOES LOWERING OF THE NON-CONCESSIONAL (POST-TAX) CONTRIBUTIONS CAP AFFECT YOU?

The non-concessional contribution is also known as after-tax contributions. After-tax contributions are super contributions for which an individual or employer hasn’t claimed a tax deduction. Non-co...

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24
May

CHOOSING THE RIGHT AMOUNT OF CONCESSIONAL SUPER CONTRIBUTIONS

If you want to boost your retirement savings, a great way is to make additional contributions to super. But there are some limits to how much extra you can put in. If you contribute above these limits...

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24
May

CHANGES IN TRANSFER BALANCE CAP FOR PENSION PHASE ACCOUNTS FROM 1 JULY 2017

On 27 September 2016, the Australian government recently released the second tranche of proposed superannuation changes of the balance cap for pension transfer. As per the proposal from 1 July 2017, t...

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24
May

CHANGES IN PERSONAL SUPER CONTRIBUTIONS DEDUCTION FROM 1 JULY 2017

The Australian Government in the 2016-17 Federal Budget announced that from July 2017 individuals aged under 75 years old will be eligible to claim an income tax deduction for personal superannuation ...

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24
May

ARE YOU ELIGIBLE FOR LOW INCOME SUPER TAX OFFSET CONTRIBUTION (LISTO)?

We all know that the Low Income Super Contribution (LISC) has been extended beyond June 2017 and named as Low Income Super Tax Offset (LISTO) as the Coalition government has enacted a new law which wi...

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