What is the transfer balance cap?
The transfer cap refers to the amount of money that can be transferred from your superannuation account to your tax-free āretirement phaseā account.Ā Ā At the moment, the transfer balance cap is $1.6… Read More
The types of benefits businesses should consider for their employees
n Australia-wide survey asked employees what benefits they would most want from their employers.Ā The following are the top 10 benefits: Flexible working Discounts on electricity, gas and water Continued education options… Read More
Choosing investment options in your super
Many Australians ignore the decision of choosing investments for their super and often end up in the ādefaultā option as they make no effort to choose otherwise.Ā Default options that aim for… Read More
The amounts you donāt need to include as income
Amounts which are not classified as income are split into 3 categories. Exempt income This is income that you do not pay tax on, although, some exempt income may be taken into… Read More
