Positive deferral
Article Abstract:
Taxpayers should arrange their superannuation funds to offer maximum tax deferral for the 1999 tax year. Taxpayers can maximize nondeductible contributions before June 30. Although contributions cannot be deducted, they do receive a lower rate of tax on future earnings. Taxpayers can also postpone rollover and retirement fund withdrawals to increase tax savings.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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Some super wheezes
Article Abstract:
Tax regulations often benefit taxpayers, especially those investing in superannuation funds. The starting date for calculating the tax paid on a lump sum payout is not the day an investor joins a super fund, but the day their employment started. This is important because many employees wait a long time before joining their employer's retirement program.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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Rationalising redundancy
Article Abstract:
This article presents information helpful in minimising tax liability for unemployed Australian citizens. The author provides strategies on investment mortgages, handling tax rollovers, and the use of super funds for payment of surcharge bills.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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