Blogs by Tags
Tax Effectiveness
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Topping up super with ‘catch-up’ contributions
If you have not fully used your concessional cap in a prior financial year, you may be eligible to use these unused carried forward amounts in a later year.
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Smart super strategies for this EOFY
Want to help boost your retirement savings while potentially saving on tax? Here are five smart super strategies to consider before the end of the financial year.
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Top-up your super with help from the Government
If your income is under a certain threshold, then making personal after-tax super contributions could enable you to qualify for a Government co‑contribution and take advantage of the low tax rate payable in super on investment earnings.
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Sacrifice pre-tax salary into super
Contributing some of your pre-tax salary, wages or a bonus into super could help you to reduce your tax and invest more for your retirement.
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Splitting your super contributions to your spouse
Splitting super contributions to your spouse’s super account may help to boost their retirement savings and provide a range of other benefits.
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Steps to claiming a tax deduction for your super contribution
You may be eligible to claim a tax deduction if you make a personal contribution to superannuation. There are some important steps you need to follow carefully and specific timeframes to take action.
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A Practical Budget Summary
A simple and practical summary of main changes involving majority of our clients.
Remember, at this stage these are just proposals and not yet law, which means things could change as legislation passes through parliament.
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Spouse contributions: Win/Win!
If your spouse is a stay-at-home parent, freelancing, studying or out of work, adding to their super could benefit you both financially.