by Mcewen5 | Aug 4, 2020 | McEwen Investments Advice
Tax-deductible contributions Did you know, most working Australians can claim a tax deduction on after-tax personal super contributions? Up until a few years ago, only the self-employed, unemployed, retirees, or those who earned less than 10% of their income as an...
by Mcewen5 | Jul 2, 2020 | Estate Planning, McEwen Investments Advice
Your super balance will be a significant asset when you die and it should therefore be considered very carefully in your estate planning. This is particularly important given that it will not automatically be covered under your will. When you die, your super balance...
by Mcewen5 | Jun 23, 2020 | McEwen Investments Advice
Utilising up to three years of caps in a single year Non-concessional contributions – the basics Non-concessional contributions (NCCs) refer to money you put into your super fund using after-tax dollars and don’t claim a tax deduction on. Some people choose to...
by Mcewen5 | Jun 2, 2020 | McEwen Investments Advice
Catch-up on your unused concessional contributions caps What is a carry-forward concessional contribution? An annual cap of $25,000 applies to concessional (before-tax) super contributions. It used to be a case of ‘use it or lose it’ – if for any reason you couldn’t...
by Mcewen5 | May 21, 2020 | McEwen Investments Advice
Boost your spouse’s super savings If your partner is a stay-at-home parent, working part-time, out of work, or earning a low income then it’s likely they’re not earning much super. This means their super can fall behind. The good news is, there are ways you can...
by Mcewen5 | May 5, 2020 | McEwen Investments Advice
Let the Government help you contribute to your super How? Through the super co-contribution scheme If you’re a low or middle-income earner and make personal (after-tax) contributions to your super fund, the government may also make a contribution (called a...
