Category: SuperannuationBy SmallStocks on Aug 1, 2008 in Superannuation | 0 Comments
The main advantage of super lies in the taxation systems which has been put in place. The rates of tax which people pay in their super are significantly lower to that which you would normally pay. There are 3 main taxes which apply to all super funds. They include: Contributions tax Tax on Earnings Tax [...]
By SmallStocks on Aug 1, 2008 in Superannuation | 0 Comments
There are many different reasons for having a super fund, however the main reason is because, generally speaking, we as Australians are said to be terrible savers of our money. On average we save only 4% of our income on a yearly basis. This is the reason why the government has made it compulsory that [...]
By SmallStocks on Aug 1, 2008 in Superannuation | 0 Comments
Superannuation or Super as most people call it, is a type of fund which has been developed for the purpose of supporting Australians in their years of retirement. It has been implemented by the Australian Government as a regulated investment strategy to ensure that each Australian has invested enough cash in their super fund, so [...]
