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Financial Happenings Blog
Reforms and your super - Eureka Report article
Wednesday, May 05 2010
Scott Francis in his latest Eureka Report article highlights three key changes from the Henry tax review including:
Employer contributions to rise to 12% gradually from July 2012
Superannuation splitting strategy becomes more useful
Lower company taxes means bigger dividends
Scott concludes that the new shape of superannuation, and more generally personal finance strategies, might be summarised as:
A focus on employer contributions and non-super investments until the age of 50.
The return of income splitting between spouses to take advantage of concessional contribution limits.
Renewed focus on building wealth through superannuation for the over 50s until retirement.
Click on the following link to read Scott's full article -
Reforms and your super
Posted by: AT 07:17 am |
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