Hey all,
How are you planning for the changes with the tax/super rules from 1st July? Pls share your thoughts!
Tax Changes
cs2011 on 30/06/2017 - 12:41
Comments
no longer salary sacrifice, just move 300 a week or so to a savings account, and if happy with things around june 1st, will do contribution.
wish had enough coin to do to my wifes as well.
Gonna splurge spend all my super and go on the pension.
Why should I bother saving my super when the government is actively introducing measures to discourage saving money to fund ones own retirement?
Gonna splurge spend all my super
How are you going to access you super?
Why should I bother saving my super when the government is actively introducing measures to discourage saving money to fund ones own retirement?
I believe the changes are generally reducing tax breaks for the rich … don't think there's much discouragement for average income earners.
My post was facetious to vent my frustration :P
vent my frustration
Try a cold shower or watching pr0n.
Open a cash business and move the existing capital overseas?
Will be reducing my + wife's salary sacrifice + SG from $30k down to $25k each.
Need to think now what to do with extra $10k pre-tax.
Will probably buy shares in my wife's name and hope it doesn't disappear into the bottomless pit of everyday spending.