Found this: https://cuffelinks.com.au/avoid-super-death-benefit-taxes/
"
Not all super death benefits paid to a non-tax dependant are subject to tax
Only the ‘taxable’ portion of a super death benefit is subject to tax, where a person receives it who is not a dependant for income tax purposes. Any ‘tax-free’ component is exactly that, tax free in the hands of the beneficiary. The ‘tax-free’ component is basically made up of after-tax contributions that the member has made to superannuation. Consequently, a common strategy to ‘wash’ taxable components to tax free, prior to a member dying, is the re-contribution strategy."
- Forums
- ASX - General
- 17 Percent Death Tax
Found this:...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online