The type of the superannuation income stream is not important for the purpose of determining the tax effectiveness of a superannuation income stream. Superannuation assets must be left in the accumulation phase rather than transferring them to a superannuation income stream with regular or infrequent ...
You can do this by reporting any extra super paid through Single Touch Payroll or as an item on your employee’s PAYG Payment Summary and Payment Summary annual report to the ATO. Using a compliant payment system Ensuring that eligible employees are paid the correct super amount, at least qua...
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Before retiring, she spoke with her Industry SuperFund’s financial planner to ensure she made the most of her $50,000. They advised her to draw down on her super through an income stream to top up her Age Pension. That would maximise the amount of Age Pension she would receive and allo...
1. Pay your minimum payment 2x per month Want to greatly cut down the time it takes to pay off your debt? Instead of only paying your minimum payment amount each month, pay double. What difference will that make? Let’s say you’re an average “revolver.” In other words, you owe ...
Verma added that the company is very mindful of selecting only those government projects where payment is guaranteed. He pointed out that, according to the company’s financials, overall government receivables are less than 100 days. While this includes both government and other receivables, the key...
Summary Once you start building a customer base with your site, it’s critical to have a WordPress CRM solution in place that canhelp you build future business. The more you know about your customers, the better positioned you are to provide the products, services, and the customer support ...
American Express and Jawbone plan to let cardholders use future fitness bands for purchases at select merchants — AmEx, Jawbone Team Up to Allow Payments Via Fitness Bands — Partnership latest to add payment function to devices — Fitness enthusiasts may soon be able to shop while they work ...
Subject to the Companies Act 2006, the Board may pay interim dividends, and also any fixed rate dividend, whenever the financial position of the Company, in the opinion of the Board, justifies its payment. All dividends shall be apportioned and paid pro rata according to the amounts paid up...
Super strategies to sidestep tax and still enjoy an income stream.Focuses on the taxation of superannuation savings in Australia. Lump-sum tax reduction approaches; Details on reasonable benefit limits (RBL); Discussion on life-expectancy annuity.BRW...