To assist eligible individuals save for their retirement, the government will match personal (after-tax) superannuation contributions made up to certain
Read MoreAbout the Low Income Super Contribution (LISC)
The government also provides a low income super contribution of up to $500 annually for eligible individuals on adjusted taxable
Read MoreDivision 293 tax
From 1 July 2012, Division 293 tax will be applied to certain superannuation contributions to reduce the concessional tax treatment
Read MoreSuperannuation contributions tax to double to 30% for high income earners
In the 2012 Federal Budget, the Government announced an increase in contributions tax from 15% to
30% on concessional contributions for individuals
Read MoreLow income superannuation contributions (LISC)
From 1 July 2012, individuals earning up to $37,000 will effectively not pay any tax on their (more…)
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