News & Information
Published: 06 September 2019
Published: 08 August 2018
You may have heard of the term Transition to Retirement and may have found yourself asking what is a Transition to Retirement Pension? Simply put, a Transition to Retirement (TTR) pension allows you to access your super without having retired, granted once you meet preservation age. A TTR will allow you to maintain your lifestyle while reducing your working hours or even your salary sacrifice arrangement, saving you tax.
Published: 17 July 2018
The Pension Loan Scheme is just what the name denotes; a loan arrangement offered by the Australia government available to those who meets the age pension age test. The Pension Loan Scheme provides Australian pensioners short-term support in the form of a loan that is repaid in regular fortnightly payments.
Published: 13 July 2018
During the 2016-17 budget reform announcement, the Federal Government announced changes to personal superannuation contributions. This new change means individuals would no longer have to earn less than 10% of their income from salary and wages (or not have been employed during the financial year) to be eligible to claim a tax deduction.
Published: 14 June 2018
The super co-contribution scheme was introduced by the Australian government as a way to help eligible individuals boost their retirement savings.
Published: 01 June 2018
We all know that our superannuation plays a major role in our retirement and often we tend to put it on the back burner. Since our superannuation isn’t really tangible, at least this is the case with many until they actually reach retirement age, we can easily forget just how important growing our Superannuation is to us.
Published: 22 May 2018
The 2018 federal budget has finally come and gone. There are a few key changes to take note of. Here are a list of the 2018 federal budget proposals and the potential impact if may have on you.
Published: 21 May 2018
There’s a lot of legislation when it comes to superannuation and making superannuation contributions. To make sure you don’t find yourself in hot water with the ATO, do your research and brush up on any changes effecting superannuation law, especially if you are planning on contributing to your fund.
Published: 18 May 2018
If you’re currently working as an employee in Australia you’re probably entitled to receive superannuation guarantee (SG) contributions, while that is true, SG contributions (contributions from your employer) are only mandatory once you’ve satisfied the minimum conditions. Below is a list of conditions you must fulfil in order to be eligible to receive SG contributions, it also outlines the obligations your employer has when it comes to paying your super.
Published: 17 May 2018
On 8 May 2018, as part of the 2018 Federal Budget the coalition government introduced a new tax measure referred to as the Low and Middle-Income Tax Offset. The new tax offset knows as LAMITO – Low and Middle Income Tax Offset was introduced as a measure to revise personal income tax rates.