Tag: entitled

Are you entitled to a tax deduction on personal super contributions?

Are you entitled to a tax deduction on personal super contributions? This financial year is the first time that employees can claim a tax deduction for their personal super contributions. Personal super contributions made during the 2017-18 financial year can now be claimed as a tax deduction by most Australian workers. This follows changes made by the government which came into effect on 1 July 2017. Previously, only the self-employed, unemployed, retirees, or those who …

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Redundancy

Redundancy This can be a rather unsettling period as there are many factors to consider such as the loss of your job, the prospect of having to look for a job, ensuring your finances are met and the lump sum payout you will receive. It may seem tempting at first to blow your payout on that big holiday you have always wanted to go to but what if you don’t have any income for a …

Relationship breakdown

Relationship breakdown It’s a sad fact, but according to figures released by the Australian Bureau of Statistics in 2012, there were 49,917 divorces granted in Australia, an increase of 982 (2.0%) compared to 2011. People between 40-44 years of age had the highest percentage of divorces granted, with 16.9% of males and 17.6% of females being granted a divorce falling in the age group in 2012. In the midst of all the emotional turmoil caused …