Indexation of Australian Government super schemes review announced
The minister for superannuation and corporate law has announced that the government will review the pension indexation arrangements for Australian Government superannuation schemes.
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A blog talking about Aussie Super
Self-Managed Super Funds (SMSFs)
Blog Archive
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2008
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July
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- Lost members register - for superannuation providers
- First Home Saver Account
- Government's priorities for superannuation: minister
- Indexation of Australian Government super schemes ...
- Changes to pension income and assets tests effecti...
- All super funds must lodge income tax returns
- Tax-free super for terminally ill
- Education tax refund about to start
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July
(8)
Individual income tax rates
Residents
These rates apply to individuals :
Tax rates 2008-09
Taxable income |
Tax on this income |
$0 – $6,000 |
Nil |
$6,001 – $34,000 |
15c for each $1 over $6,000 |
$34,001 – $80,000 |
$4,200 plus 30c for each $1 over $34,000 |
$80,001 – $180,000 |
$18,000 plus 40c for each $1 over $80,000 |
Over $180,000 |
$58,000 plus 45c for each $1 over $180,000 |
The above rates do not include the Medicare levy of 1.5%
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