Considering making additional contributions to your superannuation before the end of financial year? Join Katrina as she looks at a few common contribution types.
EOFY is coming up, it’s a great time to start thinking about how you can get organised with your finances.
Did you know that more than 80 percent of superannuation investors have never changed their investment option away from the ‘default’ (in order words, an option that is not necessarily customised for you and your specific circumstances)?
Have you noticed more money in your bank account? You may not be alone, with around 10,000 Australians receiving cash back from the Australian Taxation Office (ATO) in recent weeks.
Superannuation has always been a tax-friendly environment and, as such, over the years legislations have systematically reduced the amount one can contribute to super.
The Treasury Laws Amendment (Protecting Your Superannuation Package) Act 2019, received assent on 14th March 2019 and the legislative changes contained therein will take effect from 1st July 2019.
Here are some of the key changes that you may be affected by:
