Cracking into your super has a few conditions,one of which is that you’re no longer working.
Questions on gifting are becoming increasingly common,however,the rules are actually quite straightforward.
Investing on behalf of your children can throw up multiple issues with tax and capital gains. Could superannuation be an easier option?
If you’re on the pension,be proactive. It’s far less costly to sort things out at the start than to try and fix them later.
Building a strong credit history can help you get in lenders’ good books,but credit cards can come with unnecessary levels of risk.
Governments have long struggles with balancing income options for retirees,but one option,once unpopular,is quickly emerging as a solution.
The proposal to tax super balances over $3 million has two serious flaws,and is a slippery slope which could lead to other,more punitive measures.
When you pass away,the money in your super account will be paid out as a lump sum,and,in some situations,taxed.
If you’re thinking of selling a property,it’s wise to get ahead of the tax office by filling out one key form.
When it comes to investing on the behalf of people under the age of 18,you can fall foul of some punitive tax rules.