Tax Planning Strategy 158 | Low Income Superannuation Tax Offset
The Low-Income Superannuation Tax Offset ((LISTO) allows individuals with an adjusted taxable income of $37,000 or less to receive an effective refund of the tax paid on their concessional contributions, up to a cap of $445. The offset cuts out completely at a taxable income of $66,667.
Similar posts you may like
- Unique selling proposition
The unique selling proposition (USP) is a marketing concept that states successful advertising campaigns make unique propositions to customers that convince them to Read more
- Educate yourself
Instead of trusting your money to others, gain financial independence and control by educating yourself on personal finance. Implementation and cost Read books and Read more
- Tax planning sin 4: Failing to gather client information and data
Just as financial planners need to know their clients before preparing a financial plan, accountants must know their clients before preparing a tax planning Read more
- Netflix Tax – Gst
Netflix Inc. is an American multinational entertainment company founded in 1997, in California by Reed Hastings and Marc Randolph. It specializes in streaming Read more
"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2