If you earn less than $37,001 per year, you will have up to $500 of the tax you paid on your concessional super contributions refunded into your super account by the Australian Taxation Office through the Low Income Tax Offset (LISTO). ...
a super fund that is a successor fund will be able to claim a tax offset for no-TFN tax previously paid by the original fund in any of the previous three financial years amend section 29VA of SIS (MySuper charging rules) so that trustees may charge a greater number of differentiated inv...
individuals who: ›› are looking to invest tax-effectively into a superannuation fund ›› want to make their own regular contributions ›› want a low risk environment to roll over superannuation benefits ›› want to consolidate retirement savings before starting an income stream, e...
Tax on withdrawals When a member satisfies a condition that allows access to their superannuation, the superannuation benefit may be taken as either a lump sum withdrawal or as a regular income stream. Please refer to 'Accessing superannuation benefits' on page 17 of this book. Tax payable on ...