Superannuation Co Contributions In recent years, the government has been decreasing the superannuation co contributions for low income earners. Based on the individuals taxable income, each financial year, the co contribution that the government will contribute to a complying superannuaiton fund will decrease. There is a maximum of $500 per financial year. Interested in […]
Typical ‘Self Managed Superfund’ Profile
Typical ‘Self Managed Superfund’ Profile Typical self managed superfund profile The latest ATO statistics on SMSFs highlight some interesting observations that can be made about the current batch of SMSF trustees. The total amount of wealth owned via SMSFs is over $500 billion, just under a third (31.2%) of all money invested via superannuation funds. […]
