... Professor Roger Wilkins, from the Melbourne Institute at the University of Melbourne, told the ABC. In June, the annual Hays Salary Guide found that 11% of Australian employers did not plan to increase salaries this year. The most recent Hays Quarterly ...
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... deduction when they make after-tax super contributions? The old condition that less than 10% of your income must have come from salary and wages in order to be able to claim a deduction was scrapped from July 1. If you're aged between 65 and 74 ...
... Does it cover you, your spouse and children adequately? If you are in more than one fund, see if you have more than one salary continuance policy, keep the most suitable and discard the other because you can't claim twice. For death cover and TPD ...
... account. Redraw could also work but check if any conditions are attached to it. The idea is that on pay day your entire salary goes into your offset or redraw facility. You use an interest-free credit card for your living expenses. During this time ...
... portfolio. It is riskier than money in the bank but with much better returns over time. Equally, depending on your job and salary, you could use this as a very nice deposit to buy an investment property. As you look past cash, property and shares really ...
... Australians will now be able to claim a tax deduction for a personal contribution to super without needing to set up a salary sacrifice arrangement with their employer, after changes introduced on July 1. According to ASFA's Retirement Standard, single ...
... the over 50s) to $25,000 from July 1, making it harder for people to build up their super balances through tax-effective salary sacrificing (15% compared with a marginal rate up to 49%). Weighing up between super or the mortgage is Paul and Leanne's ...
... it has a 0% on the balance transfer for 12 months. If I were to set up a superannuation account for my daughter, can I salary sacrifice pre-tax into that fund? Or would I be better off buying another investment property and applying for the fortnightly ...
... portfolio, there's still time to make concessional tax-deductible contributions to super. Up to $35,000 can be made via salary sacrificing or self-employed contributions if you're 50-plus, with $30,000 available to under-50s. With tax savings ...
... "With no account-keeping fees it continues to be a point of difference to its peers who require a minimum deposit or a salary credit to receive a similar benefit," he says. WHY THEY WON Strong performance across all categories considered but in particular ...
