Super Co-Contributions Update – July 2010

Still one of my most suggested government incentives to my clients is the Super co-contribution. As from 1st July 2009, if your earnings is less than $31,920 and pay up to $1,000 in to your super as a voluntary contribution the government will pay $1.00 for every $1.00 you deposit.

If your assessable income [...]

Super Co-Contributions Update – July 2009

Still one of my most suggested government incentives to my clients is the Super co-contribution. As from 1st July 2008, if your earnings is less than $30,342 and pay up to 1k in to your super as a voluntary contribution the [...]

MBF Cash Payment – Demutualisation of MBF

Introduction of new law applying to the demutualisation of health insurers

On 26 June 2008, the Government introduced a Bill into Parliament to change the law relating to the capital gains tax (CGT) treatment of policy holders of health insurers who receive cash or shares when their health insurer demutualises.

The proposed changes [...]

Super co-contribution

One of my most suggested government incentives to my clients is the Super co-contribution. If you are earning less than $28,980 and pay up to 1k in to your super as a voluntary contribution the government will pay $1.50 for every $1.00 you deposit.

If your assessable income is more than $28,980 but [...]