Article Abstract:
Salary sacrifice superannuation will continue to be an attractive option during 1999-2000 for everyone but those in the highest income groups. This type of investment is used to increase the effectiveness of superannuation. The tax savings can be even more significant than those of negative gearing. Tax savings are immediate and are not as risky as those associated with negative gearing.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
This article focuses on the relative lack of tax benefits for high-income earners with superannuation funds, and states that investors should exploit loopholes in superannuation legislation. Points addressed include avoiding surcharge bills and decreasing taxable superannuation contributions.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Family trusts will be taxed the same way companies are taxed beginning January 1, 2001. This tax plan will make family do-it-yourself (DIY) superannuation funds more popular among knowledgeable investors.
User Contributions:
Comment about this article or add new information about this topic: