Search Results | Showing 1 - 10 of 71 results for %22Low-Income Superannuation Tax Offset%22 |
| | ... young," she said. Splitting contributions into superannuation is also an underutilised strategy. For those on the lower-income bracket, White said the government will match contributions to superannuation for up to $500 for those earning under $58,000 ... |
| | | ... initiative as "a much-needed improvement." "We know every super dollar counts for these members, who often work in low income, part time or casual jobs. This change will undoubtedly help enable a more equitable retirement future and go some way to address ... |
| | | ... indicating that the loss of super during childcare is a significant contributing factor to the problem." Secondly, increasing the low-income superannuation tax offset (LISTO) so that workers earning up to $45,000 receive a full tax refund on their super ... |
| | | ... particular, sales of lifetime and longer duration annuity business were exceptional, supported by rising demand for guaranteed income." Hamilton explained there is a significant opportunity for the business to support superannuation funds to help meet ... |
| | | ... gendered inequalities in superannuation that disproportionately punish women financially. The Low Income Superannuation Tax Offset (LISTO) is a superannuation payment for workers on low incomes to ensure that they are not the only Australians paying ... |
| | | ... "It's a highly equitable policy, since recipients of the Carer Payment must satisfy a means test and therefore are on low incomes," Elkins said. "People who carry out unpaid caring work pay a price not only in terms of lost earnings and missed career ... |
| | | ... retirement, who retire on average with one third the super of men." She said the immediate focus for the group is fixing the Low Income Super Tax Offset inequality. |
| | | ... savings should be directed towards helping deliver a fairer and more equitable super system. Aware Super said the budget left low-hanging fruit on the branch. "The higher earnings tax on super balances in excess of $3 million would help ensure sustainability ... |
| | | ... per year. The modelling put forth shows several areas that can make super fairer and bring high-income earners in line with low- and middle-income earners. Reducing pre-tax contributions cap from $27,500 to $20,000 per year is one recommendation that ... |
| | | ... extra savings generated through this measure to address some of the other inequities in the system, such as increasing the low-income superannuation tax offset (LISTO) ceiling to $45,000 a year to ensure low-income workers are not paying more tax on ... |
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