Non-working-spouse super proves a winner in after-tax returns

Article Abstract:

Legislation permitting top-salaried executives to make superannuation contributions for non-working spouses is expected to generate high long-term returns. Tax concessions can be doubled using this investment option and can bring returns larger than traditional options such as accelerated home-loan repayments. Amount of returns can range from A$345,000 to A$545,000 after 20 years.

Author: Laurence, Michael
Personal Financial Mgmt, Methods, Management, Finance, Personal finance, Tax planning, Retirement planning, Executives

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The super tax grab

Article Abstract:

Issues concerning the taxing of superannuation contributions, earnings and pension/lump sums in Australia are discussed. This relatively high level of taxation dissuades people from saving for their retirement.

Author: Laurence, Michael
Economic aspects, Pensions

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Super saver

Article Abstract:

Some of the employees, who are above 55 years of age, may be able to claim tax deductions for their personal contributions to superannuation.

Author: Laurence, Michael
Australia, Legal issues & crime, Government regulation (cont), Government domestic functions, Government regulation, Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Taxes, Legal/Government Regulation, Taxation, Laws, regulations and rules, Social policy

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Subjects list: Australia, Tax policy
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