Superannuation Work Test

Meeting the Superannuation Work Test is required for members who have reached age 65 and wish to make or receive certain contributions. The Government did not make any changes to the superannuation work test from 1 July 2017. Members under age 65 are not required to...

Tax on Superannuation Death Benefits

The tax on superannuation death benefits varies depending on the recipient of the benefits, the components that make up the benefit and the for in which the benefit is paid. Tax on superannuation death benefits can be quite considerable and have a significant impact...

Non-Concessional Meaning

The meaning of Non Concessional for superannuation purposes refers to contributions made to superannuation where a tax deduction has not been claimed by the contributor. There are two types of contributions that can be made to superannuation: Non-Concessional...