The Superannuation Handbook 2007-08

The Superannuation Handbook 2007-08 by Barbara Smith & Ed Koken


ISBN
9780731407163
Published
Binding
Paperback
Pages
336

Help safeguard your future wealth!
Do you want to make the most from recent Super Changes?

It is important to have any information you are using to make a decision about your superannuation (and your self managed super fund if you have one) checked out to make sure that it is up to date.
Some of the more recent changes to Superannuation are:
1) New contribution limit rules for 2007-08
2) Updated splitting of superannuation contribution rules
3) Changed tax and payment rules relating to lump sum benefits
4) Simplification of superannuation pension (income stream) payments
5) The changes to deductible and non-concessional contribution rules
6) A whole chapter on employment termination payments and other payments on termination
7) Choice of fund legislation and how it affects employers and employees
8) Changes to the death benefit rules for superannuation which may affect the tax you pay on your superannuation when you die
9) New rules relating to Centrelink assessment of new complying market linked pension also called term allocated pension 'TAP')
10) Salary sacrifice and transition to retirement income stream considerations
11) New rules that apply to withdrawing a superannuation income stream before retirement
12) Changed co-contribution rules
13) New strategies and traps you need to be aware of
14) Changes to small business capital gains tax retirement rules
and much, much more......

Whilst not all of these may be relevant to your specific personal circumstances now you need to be aware of how they may affect you now and in the future and how to save tax and maximise your superannuation
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