Superannuation Funds – 2009/10

Type of Receipt

Rate of Tax
%

Complying Superannuation Fund

Earnings
Income received including realised capital gains
Discount capital gains (asset held for 12 months or more)

 
15
10

Employer Contributions
All (no S.295-180 election)
Portion covered by S.295-180 election

 
15
10

Employee and Self-employed Contributions
Al l (no S.290-170 notice)
Portion covered by S.290-170 notice

 
15
10

Contributions – SGC shortfall component
All

 
15

Contributions – other person
All (no S.295-180 election)
Portion covered by [...]

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Medicare Levy – 2009/10
General Rate

Taxpayer

Rate %

Individual (resident)

1.5% of taxable income

 Low-income Thresholds – Individuals
The 2009/10 Medicate Levy low-income thresholds for individuals are as follow;

 
Single Taxpayer

Threshold Amount ¹
$

Phase-in Limit²
 
 $

1.5% at or Above³
$

Not eligible for Senior Australians Tax Offset or Pensioner Tax Offset

18,488

18,489 – 21,750

21,751

Eligible for Senior Australians Tax Offset

29,867

29,868 – 35,137

35,138

Eligible for Pensioner Tax Offset only

27,697

27,698 [...]

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Asset Protection and Accounting Seminar 
 
Wednesday 12 May 2010
 
Glades Golf & Spa
Glades Drive, Robina
6.00pm – 7.30pm
One Stop Accounting
Do you need an accountant who will look after all your business needs?
Business Structure -  Do you have the right structure for your business?
Asset Protection – Understand how to protect your assets.
Accounting – Do you have regular reporting, if [...]

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