How much tax you pay on your super contributions and withdrawals depends on: your total super amount your age the type of contribution or withdrawal you make If you inherit someone’s super after they die, the person’s super fund pays you a super death benefit. You may have to pay tax on some of this … Read more
The rising cost of living is grabbing all the attention right now as people struggle to pay the increasing prices. But in the meantime, our collective wealth has been growing steadily and is being transferred to the next generation at increasing rates. In fact, the value of inheritances as well as gifts to family and … Read more
There’s a common misperception that in order to start investing, you need a large initial sum and lots of time. Here’s why that’s a myth. Investing can seem like a daunting task, particularly for those who think they lack the time and resources to start. A study has found that many Australian investors think they … Read more
