What age is classed as elderly in Australia? This e-brief aims to give an overview of the array of services and support provided to the elderly in Australia. The terms 'elderly' and 'aged' are taken here to mean people agedover 65 years of age. ...
I have worked all my life in a factory, I have managed to buy 2 rental properties which I intended to use as my pension when I sold them. Now I will have to pay more capital gains tax. Am I not classed as a working person? Robbed my pension The fact that the persona...
Some of that may reflect the need to replace shortfalls in pension income (a problem exacerbated by low interest rates). But these changes are not all negative. The rise of the service economy means it is easier for people aged 65 and over to find jobs that suit them; retirees are ...
paid tax free and the rest is taxed as income. As an example, if you were to withdraw £2000 each month, £500 would be paid as tax free cash and the remaining £1500 would be classed as a taxable income payment. The amount of tax deducted would depend on your individual tax ...
Businesses that generate some or all of their own energy (using solar, and wind turbines for example) and make money by selling excess power back to the grid, will usually be classed as small generators and are exempt from this charge. CPS is charged on: Gas. LPG. Coal and other solid...