Australia's largest stock trading and investment forum Australia's #1 stock forum

Pretty sure the private pension would have a ‘value’ for Total...

First 188 Last

Share
Profile

Follow
WangChung

19,102 Posts.

266

01/03/23

14:31

Post #: 66539473
Share

Originally posted by Old Engineer ↑

The zero tax on $1.9M in a private pension not being counted towards the $3M cap is pretty well hidden in the reports to date.

I certainly was under the impression that the 30% tax kicked in when the total value of the super account (pension+accumulation) hit $3M.

Expand

Pretty sure the private pension would have a ‘value’ for Total Superannuation Balance’ purposes.

A quick check of myGov would tell you.
Upvote

Reply

Top Stories

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

RML

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

CUV

Clinuvel shares dip, even as CEO comes back from temp leave

Zip's stunning comeback: Is this the start of a $14 revival?

ASX

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

AVM

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

MEG

Iberian expansion: Megado turns to Europe with Spanish copper mines

First 188 Last