IMPORTANT: Young performers especially. Ok, Aus people on incomes below $50k , its time to consider making a personal super contribution. If you earn less than 33k and put in $1000 you will get an extra $500 added by the government. Thats a huge 50% interest rate in your money and over a lifetime it could add up to thousands more super. It scales down depending on what you put in and on incomes above 33k. Most funds simply let you bpay it into your account and the co-contribution is automatically paid once you do your tax return. Your money must be in your account by 30 June. See the table half way down the following page: https://ato.gov.au/Rates/Key-superannuation-rates-and-thresholds/?page=23#Co_contribution_income_thresholds
Posted on: Thu, 22 May 2014 23:31:55 +0000
Trending Topics
Recently Viewed Topics
© 2015