April E-NewsletterThis month we have a number of articles that focus on End Of Financial Year Strategies. Yes, June is approaching and it is time to start getting things organised. This month brings our focus to the preparation for the end of the financial year. We have included a number of articles covering end of year strategies. Remember if you are wanting to claim a tax deduction for contributions to superannuation your payment must be processed before the 30 June. The same story if you are wanting to contribute to be eligible for the government co-contribution. We recommend self employed clients consult with their accountant to ascertain if they should make a contribution to superannuation to help off set any tax liability. It is too late once the 30 June has passed. The articles we have for you are:
If you have any questions about the articles within this newsletter, or would like to contact us to discuss your end of financial year planning please call |
Financial Review Process.... or Why We Are So Nosey!!Regularly reviewing your financial situation, goals and strategies is essential for us to assist you in staying on track, and enables us to adjust our recommendations to your needs. You Talk - common investor questions answered
Autumn Financial FocusThis month we have the Autumn edition of MLC's Financial Focus, the newsletter that provides you with the latest news and information on significant financial planning topics. We hope you find the articles in this issue interesting and informative. To read the full magazine please click here. If you have any comments, questions, or would like a review of your financial plan, please call either Tim or Debra on 02 65622295 to discuss. New Financial Year Pension Payment ReliefThe Goverment has extended the pension drawdown relief for the holders of account-based pensions (Allocated Pension/Pension) for the 2012/2013 financial year. The annual minimum drawings will remain the same as last year, 25% Pension Drawdown Relief. Due to the continuing volatility in equity markets, the 25% reduction has been extended for a further year. The extension of this measure to the 2012-13 financial year will assist retirees to recoup capital losses as equity markets recover over time. Government Co-Contribution 2012The Government Super Co-contributions Scheme is an incentive to encourage people earning less than $61,920 p.a. to make personal after-tax contributions to their super. If you haven't been contributing through the year you have 3 months left to organise your contribution. DisclaimerDisclaimer: |