Till death us do part

Article Abstract:

A brief description on the working of a reversionary pension that automatically transfers on the death of a pensioner to an approved beneficiary, with all the same tax and income flow characteristics is presented. It is observed that making a pension reversionary can have a significant upside in DIY super funds.

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Super and your business

Article Abstract:

Small business owners, self-employed persons and Australian tax laws regarding contributions to pension funds are discussed. Superannuation rules for personal tax-deductible contributions to "Do-It-Yourself" funds are explained. After-tax contributions are also discussed.

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Contribute to the max

Article Abstract:

The implications of elimination of surcharge on superannuation are discussed. It is advisable to contribute more to do-it-yourself superannuation funds after this provision in the budget as it does away with the tax penalty on surplus contributions.

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