Working the system
Article Abstract:
A new superannuation tax-saving superannuation strategy being pushed by Navigator Australia, a subsidiary of the giant Aviva financial group, focuses on deferring contributions tax for up to 15 months. The strategy can generate particularly attractive gains for anyone rolling over a taxable redundancy payment but the main uncertainty is whether the arrangement will pass the scrutiny of the Tax Office.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2005
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Piggyback riders
Article Abstract:
The growing popularity of self-managed superannuation funds in Australia triggered an unexpected but valuable drop in set-up costs. However, people trying self-managed funds must check that the cost provides a basic trust deed and tax office registration documentation, together with a resolution to establish the fund, membership application forms and notice of consent to act as trustee.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2005
User Contributions:
Comment about this article or add new information about this topic: