Superannuation Choice Income TTR Income Employers Open a super account How to open a super account You’re in good company becoming a member of Australia’s largest1, most trusted super fund2. Follow the steps below so we can help you get ready with the things you need to complete...
A Tax File Number identifies you for tax and superannuation purposes. Find out how to apply online, the different types of TFN and what to do if you lose it.
You will also be able to get an AUSkey in order to transact with government agencies online, be endorsed as a deductible gift recipient or an income tax exempt charity, and claim energy grants credits. Once you have your ABN, you’ll put it on all your invoices as confirmation of your...
I’m sure this realisation is not profound or insightful in any way and it makes no claim of that. For me, however it’s something I’ve known but ignored for a steady pay-check and the huge benefit of being able to have dinner with my family every night. Ignoring this is taking ...
The article focuses on the benefits of income protection insurance inside a superannuation fund for the members of superannuation trustees in Australia. It states that since March 28, 2007, trustees have been able to claim tax deductions for income protection cover with benefit periods of longer ...
retire comfortably, explore new countries, experience different cultures, and feel stimulated. The funds from selling our house and our assets and accumulated superannuation were limited, but we were determined to make it work. But we certainly didn’t have sufficient funds to retire in Australia....
You can also claim deductions for using your home as an office – for example, if you have a dedicated home office or workspace or use part of your home to store stock or equipment. You’ll need to keep records of your expenses and how they relate to your business to claim these deduc...
ClaimVantage Hosts Biennial User Group Meeting in Melbourne, Australia Industry superannuation funds agreed the government was using the royal commission to extend its ideological war on the sector. PM's Christmas gift to the banks: Despite public support for a bank royal commission, Malcolm Turnbull...
Contributions made to a super from after-tax income are not taxable. However,capital gainsmade in the fund are taxable under certain circumstances. Everyone has a super capital gains tax cap which they can claim under their non-concessional gains. Superannuation vs. Other Plans While a superannua...
The article offers suggestions on how to start an early retirement saving and debt reduction plan in Australia. One is to take measures to preserve and protect the assets which are built for the retirement. Another is to assess the investments owned including superannuation. Also provided are tips...